Middle-east Arab News Opinion | Asharq Al-awsat

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Khaled Al Bustani., director-general of the Federal Tax Authority. WAM

Selective Tax Applied on Over 1,600 Items in UAE

by Asharq Al-Awsat | Oct 2, 2017 | Business

Dubai- The number of commodities covered by the UAE’s selective taxation has been announced as 1,610 items, 60 percent of which are classified as soft drink products, 26 percent as tobacco and its derivatives, and some 14 percent as energy drinks, all deemed as...

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A view of Dubai. (AFP)

UAE: Selective Tax to Generate up to USD1.9 Billion Revenues Annually

by Musaid Al-Zayani | Aug 23, 2017 | Business

Abu Dhabi – Initial estimates in the UAE expected that implementing the selective tax will generate up to AED7 billion (USD1.9 billion) revenues annually to the federal budget, while a financial official said that it will probably be applicable starting October...

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Saudi Arabia Begins to Apply Selective Tax

by Fatah Al-Rahman Youssef | Jun 12, 2017 | Business

Saudi Arabia has started to apply he selective tax on goods and products harmful to human health and the environment such as tobacco, energy drinks (100 percent) and soft drinks (50 percent). Economists see that the implementation of the selective tax in Saudi Arabia...