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Saudi Arabia's Cabinet has approved the introduction of the "selective tax" that is being rolled out across the Gulf Cooperation Council member countries. Read Full Story
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
The UAE has provided more details on plans to introduce VAT at a rate of five percent, along with the other Gulf Cooperation Council member states, on January 1, 2018. Read Full Story
Kuwaiti lawmakers are considering controversial proposals to significantly raise taxes on foreigners living and working in Kuwait. Read Full Story
Saudi Arabia has said it will not introduce a six percent tax on expatriate remittances. Read Full Story
Qatar should consider revenue-raising reforms, including making Gulf Cooperation Council companies liable to corporate tax, the International Monetary Fund said in its annual Article IV report for the country. 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 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
67 percent of Australian exporters say the outlook for their business has improved in 2016, following the completion of free trade agreements with China, Japan, and South Korea, according to a survey by the Australian Government. Read Full Story
The International Monetary Fund has welcomed the United Arab Emirates's plan to introduce a value-added tax and increase excise taxes. Read Full Story
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