Qatar is planning to introduce a sin tax on luxury items and products that are "harmful to human health and the environment," in line with the unified agreement among Gulf Cooperation Council member states.Read Full Story
Saudi Arabia has said it will not introduce a six percent tax on expatriate remittances.Read Full Story
Saudi Arabia has announced plans to balance its budget by 2020.Read Full Story
Oman is the latest Gulf Cooperation Council territory to confirm its participation in the bloc's value-added tax project. Read Full Story
The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes celebrated the end of the first phase of reviews of all countries at its annual meeting on November 2-4.Read Full Story
The International Monetary Fund has released a new report for countries in the Middle East and North Africa, noting that low growth rates and oil prices should encourage these territories to continue efforts to broaden their tax bases, including by introducing value-added taxes.Read Full Story
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