VAT
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Breaking News
Saudi January inflation jumps to 3.0 pct on VAT, gasoline price hike
DUBAI, Feb 25 (Reuters) – Saudi Arabia’s annual consumer price inflation rate jumped to 3.0 percent in January after the…
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Business
VAT may delay over year
KUWAIT CITY, Feb 18: “Kuwait, Qatar, Bahrain and Oman will need more time than expected for implementing the GCC agreement…
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Business
Accurate accounting records critical for accurate VAT: Chitty – Expert highlights importance of financial and record keeping discipline amongst accountants
KUWAIT CITY, Jan 20: Like everything else in life financial auditing is subjected to change. Development of standards that promotes…
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Business
Tax alternative to VAT studied
KUWAIT CITY, Jan 6: Kuwait is preparing to impose a tax system concurrently with the implementation of the Value- Added…
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Business
Some gold shops in Dubai absorb 5 pct VAT
Some gold shops in Dubai absorb 5 pct VATv DUBAI, Jan 4: Effective January 1 this year, buyers of gold…
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Kuwait
‘Kuwait obliged to implement VAT latest by 2018 end’
Kuwait’s reform strategy adopted to counter falling oil prices hailed KUWAIT CITY, Dec 19: Vice-President of World Bank for Middle…
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Kuwait
Grilling vowed if VAT implemented – Panel mulls retirement age
MINISTER URGED TO QUIT FOR FAILURE TO LIFT SPORT BAN KUWAIT CITY, Oct 29: The Financial and Economic Affairs Committee…
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Kuwait
Enforcement of VAT system in Kuwait draws mixed reactions – ‘Specific rules, legislations vital to avoid negative consequences’
KUWAIT CITY, Aug 26: Enforcement of the Value Added Tax (VAT) system, which is supposed to start from January 2018…
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