The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) marked its five-year anniversary of the implementation of Excise tax and concludes it constituted a great success in all aspects. Some of the important developments in the past five years are as follows:
- Initially the tax was applied for carbonated drinks at a rate of 50% and tobacco products & energy drinks at a rate of 100%,
- …
Source Aurifer
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