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Businesses prepare for Gulf’s expansion into corporate taxes

Danish Mehboob
June 08, 2020
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Tax directors based in the United Arab Emirates (UAE) foresee corporate taxes in 2021 after Saudi Arabia broadened its tax base by tripling its VAT rate, a move that is likely to widen tax systems in other Gulf Cooperation Council (GCC) countries.

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NewsDirect TaxUnited Arab EmiratesSaudi ArabiaITR MagazineSummer 2020Middle East
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Danish Mehboob
Senior Reporter ITR
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Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.
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