UAE has ‘No Plans’ to Introduce Income Tax

UAE has ‘No Plans’ to Introduce Income Tax

UAE has ‘No Plans’ to Introduce Income Tax

In Y 2018, the 6 members of the Gulf Cooperation Council (GCC) plan to introduce VAT (value-added tax).

Earlier this week the cabinet approved a Dhs48.7bn ($13.3-B) federal budget for Y 2017.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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