UAE Markets: DFM, ADX to levy VAT on services | ZAWYA MENA Edition:
"UAE bourses Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) will levy value-added tax (VAT) on service and products from January 1, 2018. DFM said VAT would be levied on the invoice value. VAT is being levied in accordance with the UAE Federal Law No.8 of 2017, DFM said, adding that this notification supersedes any contrary terms related to VAT in any agreement entered into with the DFM."
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