All posts in " Obaid Humaid Al Tayer "

United Arab Emirates to Introduce 5% VAT Thanks to IMF

By admin / February 26, 2016

The impact of the collapse in oil is having dramatic effects on taxation in the Middle East and suddenly on the issue of government debt. The UAE will implement a 5% value added tax (VAT) beginning January 1, 2018. UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer made the announcement after listening to […]