VAT . . . a Good Thing?
The tax-free environment in the GCC is set to change, VAT will help GCC economies experience diversified growth, says Mas Meghji
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The tax-free environment in the GCC is set to change, VAT will help GCC economies experience diversified growth, says Mas Meghji
May 17, 2012 3:18Lebanon plans to increase value added tax in 2012 to 12 percent from 10 percent, said the country's finance minister, to raise additional revenues and avoid further borrowing on international markets.
October 5, 2011 10:35Timing of VAT not decided, countries to be given grace period; VAT rate of 5 pct considered; Tax expected to generate revenue of 2-3 pct of GDP
September 8, 2011 4:33The introduction of a value-added tax could be a financial blow to companies that are slow to update their contracts.
May 7, 2010 9:39