Posted on 12 May 2020
UAE's finance ministry has confirmed that there will be not VAT hike for now, with Saudi Arabia hiking its value-added tax (VAT) from July, from current 5% to 15%.
Source : https://gulfnews.com/business/uae-not-to-hike-vat-rates-and-follow-saudi-move-1.1589188838641
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