UAE VAT some time off
United Arab Emirates: Tuesday, November 14 - 2006 at 09:36
The introduction in the UAE of a value-added tax is at least 12 months away, according to a senior executive with KPMG quoted by Emirates Today. There is a shift in world economies away from direct and into indirect taxation, according to Ashok Hariharan, head of tax at KPMG in the UAE and Oman. He said the tax would not be 'hugely detrimental' to the UAE's economy.
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James McInerney, News EditorTuesday, November 14 - 2006 at 09:36 UAE local time (GMT+4)
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This Article was updated on Sunday, February 04 - 2007
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