The International Monetary Fund (IMF) chief on Sunday called for increasing tax revenues in the GCC and wider Mena region, despite making some good progress in the tax base by the regional countries.
Kristalina Georgieva, managing director of IMF, said the average tax-to-GDP ratio is less than half of what could potentially be collected and called for phasing out inefficient tax exemptions.
Source: zawya.com
Latest Posts in "United Arab Emirates"
- Declaration of Tax Group Eligibility and Compliance Summary
- Key Highlights of Ministerial Decision No. 243 & 244 of 2025 on Electronic Invoicing
- UAE e-Invoicing 2025: Key Rules, Timelines, and Actions for Businesses Under MD 243 & 244
- Federal Tax Authority Revises Turnover Declaration Rules for VAT Group Registrations
- UAE E-Invoicing: Digital Transformation, Compliance, and Efficiency for Micro Enterprises and Businesses
