How prepared are taxpayers and tax authorities in GCC countries for VAT?

Joe Stanley-Smith

February 29 2016

Oman’s finance minister, Darwish bin Ismail Al-Balushi, appears to have confirmed that VAT in the Gulf Cooperation Council (GCC) region will be introduced in 2018, at a likely rate of 5%.

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Joe Stanley-Smith

Editor ITR

Joe manages ITR’s online and print coverage, and the publication’s events worldwide. He covers a range of tax issues affecting multinational corporations, particularly indirect tax matters and case studies.

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