The UAE’s Minister of State for Financial Affairs, Obaid Al Tayer, will be questioned on the effect of value-added tax on the economy at the Federal National Council on Tuesday – more than two years after the levy was introduced.
The council's deputy speaker, Hamad Al Rahoomi, will call for answers on whether the 5 per cent tax on goods and services has had a "positive or negative" effect.
Read more at: https://www.thenational.ae/uae/government/uae-food-reserve-plans-and-vat-on-agenda-at-federal-national-council-1.980165
Source: Khaleej Times
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