value added tax


Saudis Voice Concerns About Higher Taxes, Rising Costs

Middle East Business News - Published date: .

Euromoney virtual investor conference is dominated by Saudis anxious about higher taxes and rising costs Read more

Oman Mulls VAT Move After January 2022 To Shore Up Finances

Middle East Business News - Published date: .

A joint committee of the State Council and Shura Council suggests time frame and sends draft law for approval to Sultan ... Read more

Saudi Arabia Extends Some Stimulus Measures For Business

Middle East Business News - Published date: .

Among the initiatives extended is a pledge to cover 60% of some Saudi salaries in the private sector Read more

Saudi Retailers Report Surge In Sales Ahead Of VAT Increase

Middle East Business News - Published date: .

Shopping malls in the kingdom have drawn large crowds in recent days as retailers offered 'pre-VAT sales' and discounts ... Read more

UAE's FTA Extends Deadline For VAT Filings, Payments

Middle East Business News - Published date: .

The move is valid for the tax period ending March 31 Read more

VAT Implementation In KSA And UAE: A Firsthand Impression

Middle East Business News - Published date: .

Some businesses are yet to fully understand the proper application of VAT on goods and service, writes Nidal Abou Zaki, ... Read more

Emirates NBD Sees UAE Rate Climb Reversing On Tax Giveaway

Middle East Business News - Published date: .

The government probably held as much as $11bn in bank deposits following the introduction of a 5% value-added tax in ear... Read more

Over 300,000 Businesses Now Registered For VAT In The UAE

Middle East Business News - Published date: .

Federal Tax Authority also says that the Tax Refunds for Tourists Scheme is recording nearly 6,000 refund transactions p... Read more

KPMG Aiming For 'double-digit' Growth In The UAE, Oman, Says Local CEO

Middle East Business News - Published date: .

Regional CEO said the UAE's retail and real estate markets are going through "a maturity cycle" Read more

KPMG Aiming For 'double-digit' Growth In The UAE, Oman, Says Local CEO

Middle East Business News - Published date: .

Regional CEO said the UAE's retail and real estate markets are going through "a maturity cycle" Read more

KPMG Aiming For 'double-digit' Growth In The UAE, Oman, Says Local CEO

Middle East Business News - Published date: .

Regional CEO said the UAE's retail and real estate markets are going through "a maturity cycle" Read more

Opinion: The Cost Of Failure To Implement VAT In UAE, Saudi Is Higher Than We Think

Middle East Business News - Published date: .

Three challenges stand out, accordinbg to David Stevens, GCC VAT Implementation Partner, EY Read more

UAE Approves First Batch Of Tax Agents

Middle East Business News - Published date: .

Federal Tax Authority says agents will be 'key contributors to the successful implementation of the tax system in the UA... Read more