Archive - February 2017
IMF: Corporate Tax to Improve Non-Oil Tax Revenue Collection
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.
Will VAT Be Accepted in the UAE?
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.