UAE mulls introducing new taxes

Abu Dhabi – Mubasher: The UAE’s Federal Tax Authority (FTA) on Thursday said that it is considering putting new taxes into effect.

The fresh taxes will not be implemented soon, according to Al Bayan newspaper.

FTA is not planning to impose income taxes now, Al Bayan added. 

Early in January, the UAE has introduced 5% value-added tax (VAT) on commodities and services.

Mubasher Contribution Time: 25-Jan-2018 06:46 (GMT)
Mubasher Last Update Time: 25-Jan-2018 06:55 (GMT)