UAE VAT may double in 5 years: IMF
UAE - The five per cent VAT that came into effect in two GCC countries from the start of 2018 "is extremely low in...
UAE Consumer goods industry has record growth ahead of VAT introduction
The consumer goods industry witnessed 37 per cent growth in Q4 2017 as residents across the emirates prepared for the implementation of VAT, according...
Al Tayer: UAE has no intention to raise tax rates
Dubai: The UAE’s government has no intention of raising the current rate of Value-Added Tax (VAT) or excise tax in the medium term, Obaid...
UAE firm waives VAT costs for one month at City Walk deals
DUBAI — One of the UAE’s largest real estate brokerages has announced it will absorb the newly implemented 5% VAT on the commission of...
