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- 19 Nov, 2018
New entity to handle tax refunds at Dubai airport
Planet, a new entity recently appointed by the UAE’s Federal Tax Authority (FTA) will operate the Tourist Refund Scheme (TRS) at Dubai International (DXB), said a statement from Dubai Airports. This closely follows the recent announcement by the FTA, outlining conditions and procedures for tourists to claim their Value Added Tax (VAT) refunds when exiting the cou...
More... - 28 Nov, 2018
VAT backlash blow to MPs’ re-election
A PUBLIC backlash against the previous parliament, fuelled by anger at the imminent introduction of Value Added Tax (VAT), has been credited with dashing the hopes of 13 MPs seeking re-election. Of 23 incumbent MPs who ran for parliament again this year, only two successfully defended their seats in the first round of voting on Saturday – Adel Al Asoomi and Isa A...
More... - 21 Nov, 2018
Economy, VAT dominate discussions among voters in Bahrain’s local elections
As Bahrain gears to hold its fifth parliamentary and municipal elections, the impending implementation of Value-Added-Tax and rising inflation rate are driving discussions between candidates and voters across the island-kingdom. The general elections for the lower house of parliament and the municipality council will be held on November 24 with many districts expec...
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