ABU DHABI/WAM The United Arab Emirates and the Republic of Mozambique have reviewed avenues to …
Read More »Excise tax to go into effect from October 1
Dubai / WAM The planned Excise Tax is set to go into effect at the beginning of October 2017, announced the Federal Tax Authority (FTA) at a press conference in Dubai on Wednesday. The new tax will be imposed on carbonated drinks by 50%, and tobacco products by 100% and energy drinks by 100%. The tax affects specific “Excise†goods …
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