VAT: The Positive Tax

Reem Malkawi

The UAE to introduce VAT from January 1, 2018

With the UAE preparing to roll out VAT or Value Added Tax from January 1, 2018, it is important to understand its long-term benefit to the country’s economy.

This indirect tax, which is levied on goods and services through the supply chain, creates another source of government income, aside from oil and hydrocarbons.

Dubai Post

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