UAE bank officials say possible remittance tax a bad idea | The National:
"A tax on remittances to overseas countries has been dismissed as neither feasible nor advisable.
Hamad Buamim, chief executive of Dubai Chamber of Commerce and a member of the UAE Central Bank board, said he he had heard that the levy was being considered by the Dubai government.
But imposing a tax solely in Dubai would be pointless, since expatriates would simply transfer money home from other emirates, said Ali Al Nuaimi, a Federal National Council member for Ajman and a former bank chief."
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