Thursday, 12 March 2015

What may convince UAE to impose VAT | GulfNews.com

What may convince UAE to impose VAT | GulfNews.com:



"The UAE remains one of the most tax-friendly destinations in the world for both expatriates and investors alike, according to a new study.



In the recently-released Paying Taxes 2015 Middle East report by World Bank Group and global auditing firm PwC, the Middle East maintains its position as the easiest place in the world in which to pay government levies, with the UAE and Qatar offering the lowest tax rates, at 14.8 per cent and 11.3 per cent, respectively.



However, analysts have said that things could change."



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