Archive - February 2017

IMF: Corporate Tax to Improve Non-Oil Tax Revenue Collection

IMF: Corporate Tax to Improve Non-Oil Tax Revenue Collection image February 19, 2017

Improving the tax revenue collection in the Gulf Cooperation Council (GCC) has been on a debate by the International Monetary Fund (IMF) that considers a corporate tax of 15% might help in this matter.

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Will VAT Be Accepted in the UAE?

Will VAT Be Accepted in the UAE? image February 12, 2017

The VAT for businesses in the UAE was on the debate last year by financial and economic authorities in charge, and according to the latest news, this kind of measure will be adopted on January 2018.

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