Tuesday 28 February 2017
 
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VAT

UAE 'plans 5pc VAT across the board'

The UAE plans to implement a 5 per cent value added tax (VAT) rate across the board from January next year, a senior official was quoted a saying. "There might be areas where we will adopt the zero-rated but currently, as the

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UAE 'plans 5pc VAT across the board'

The UAE plans to implement a 5 per cent value added tax (VAT) rate across the board from January next year, a senior official was quoted a saying. "There might be areas where we will adopt the zero-rated but currently, as the

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Global economic activity to pick up this year: IMF

After many years of feeble growth, the International Monetary Fund (IMF) is expecting global economic activity to pick up this year and next, and across both the advanced and emerging economies, said Christine Lagarde, IMF managing director.

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Global economic activity to pick up this year: IMF

After many years of feeble growth, the International Monetary Fund (IMF) is expecting global economic activity to pick up this year and next, and across both the advanced and emerging economies, said Christine Lagarde, IMF managing director.

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Bahrain endorses GCC VAT deals

Bahrain has endorsed agreements related to introduction of value added tax (VAT) in the GCC, paving for the levy to be applied by mid-2018. Information Affairs Minister Ali bin Mohammed Al-Romaihi held a press conference at the In

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GCC firms advised to prepare for VAT

Companies across the GCC must be well versed with different aspects of VAT and chalk out a clear roadmap to ensure its timely and smooth implementation, say senior tax experts. Jeanine Daou, ME Fiscal Policies and Indirect Tax Lea

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Saudi Cabinet approves VAT implementation

Saudi Arabia's Cabinet has approved the Unified Agreement for Value Added Tax (VAT), which is scheduled to be implemented throughout the Gulf Cooperation Council (GCC) starting 2018. The Cabinet gave its approval at a session

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VAT implementation: key challenges facing businesses

A number of challenges are before the Gulf Cooperation Council (GCC) countries to meet the deadline for introducing value added tax (VAT), says an expert.   Craig Richardson, partner and head of tax and corporate services at

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VAT implementation: key challenges facing businesses

A number of challenges are before the Gulf Cooperation Council (GCC) countries to meet the deadline for introducing value added tax (VAT), says an expert.   Craig Richardson, partner and head of tax and corporate services at

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VAT ‘is vital for Saudi Arabia’s economic reform’

KPMG Al Fozan & Partners held an awareness media roundtable on the value-added tax the Saudi government intends to introduce next year. The tax system is part of the government’s efforts for economic reform and restructuring.

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