Results for
vat
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IMF: Gulf States still committed to VAT but dates will vary
All six countries in the Gulf Cooperation Council remain committed to introducing value-added tax, though they will do so at different speeds, a ... Economy -
All you need to know about the UAE’s new VAT law
The United Arab Emirates will implement VAT at the rate of five percent in January 2018. Al Tamimi & Co Advocates & Legal Consultants partner ... Economy -
Details emerge on when UAE expects to issue tax laws
United Arab Emirates expects to issue laws on value-added tax and excise tax in the third quarter of this year, and to issue regulations covering ... Economy -
Expert: Implementation of VAT will help stabilise UAE revenue streams
UAE President Shaikh Khalifa Bin Zayed Al Nahyan has issued the landmark Federal Law No. 7 of 2017 for Tax Procedures, which sets the foundations for ... Economy -
5 key points of the new UAE tax procedures law
Companies in the United Arab Emirates will be required to keep accurate records of their businesses for a period of five years according to the Tax ... Economy -
UAE to impose 100% tax on tobacco, energy drinks
The Gulf Cooperation Council for Arab States’ (GCC) Unified Selective Excise Tax and the Unified Value Added Tax (VAT) agreements have come into ... Economy -
Egypt’s economy shows positive signs but big risks remain
Egypt has many advantages that theoretically qualify it to become one of the most important economic success stories in the Middle East. These include ... Middle East -
GCC aiming for simultaneous VAT adoption in January, says official
Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start of next year, despite ... Economy -
Analysts: GCC businesses must start preparations for VAT now
Introduction of levy in GCC could raise GDP as much as 1.5 percent to 2 percent, says IMF Economy -
No plans to tax individuals, UAE finance ministry says
The United Arab Emirates has no plans to impose new taxes on individuals and the government is not studying the introduction of more fees for services Economy -
Qatar budget back to 'near balance' by 2018
The government's revenue is expected to recover in 2017 with rising oil prices, says QNB Economy -
Egyptian parliament approves value-added tax at 13 per cent
It is part of reform program that formed basis of a $12 bln, three-year loan agreed with the IMF earlier this month Economy -
Egypt PM says VAT bill to go to parliament this month
Ismail told reporters on the sidelines of a conference in Dubai that he expected the law to be passed by parliament later this year Economy -
Gulf states prep tax laws ahead of 2018 rollout
The planned tax on consumer goods and services will be the first such levy in the six oil-producing GCC states Economy -
Gulf plans to roll out value-added tax in 3 years
The six Gulf countries will exclude healthcare, education, social services and 94 food items from from the value-added tax Economy -
UAE seeking consensus with neighbors on imposing VAT
"If the GCC countries reach a final agreement on issues related to the application of VAT, it will be announced directly" Economy -
UAE to introduce VAT, corporation tax
Once introduced it would make the UAE the first Gulf state to tax at the point of sale Economy -
Tax-free UAE lured many but future tariff law worries expats, businesses
The UAE has long toyed with the idea of introducing taxes, especially with last year’s plunge in oil prices Banking & Finance -
UAE to finish drafting corporate tax, VAT laws this quarter
Introducing corporate tax and VAT in the UAE would be a major shift in policy, and politically sensitive Economy -
Israeli budget wins initial parliament approval
A budget of tax hikes and spending cuts won initial approval from Israel’s parliament on Tuesday but lawmakers from Prime Minister Benjamin ... Economy