UAE not planning VAT hike: finance minister

DUBAI - The UAE has no plans to increase its value-added tax rate, its finance minister told Al Arabiya TV on Monday, after Saudi Arabia said it would triple its rate. Saudi Arabia on Monday said it ... ( read original story ...)

UAE has no plans to hike VAT unlike Saudi Arabia

The UAE will not increase value-added tax (VAT) which is currently levied at five per cent, sources close to the Ministry of Finance said on Monday. Al Arabiya TV also reported that the UAE has no ... ( read original story ...)