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Lebanon finance minister defends tax hike after outcry

Lebanon finance minister defends tax hike after outcry

  • Jaber said the wage hike would cost the state $620 million, hence the decision to raise taxes was made to “preserve financial balance”
  • The decision was not unanimous, with Energy Minister Joe Saddi saying he had “objected”
By AFP ·
Saudi exhibition offers on-site VAT refunds for international jewelry buyers

Saudi exhibition offers on-site VAT refunds for international jewelry buyers

By Hebshi Alshammari ·
Saudi Arabia to introduce VAT refunds for tourists starting in 2025

Saudi Arabia to introduce VAT refunds for tourists starting in 2025

By MOHAMMED AL-KINANI ·
Minister of Economy and Planning Faisal Alibrahim speaking on the global tax reform panel at the World Economic Forum in Davos.

Saudi economy minister hails Kingdom’s VAT rise ‘success’ during pandemic

By Arab News ·
UAE’s VAT revenues reach $26bn since implementation

UAE’s VAT revenues reach $26bn since implementation

By Arab News ·
Bahrain to increase VAT to 10 percent 

Bahrain to increase VAT to 10 percent 

By Arab News ·
Egypt to establish e-system to refund VAT to foreigners

Egypt to establish e-system to refund VAT to foreigners

By Arab News ·
Bahrain to double VAT to 10%: Reports

Bahrain to double VAT to 10%: Reports

By Arab News ·
Saudi authorities to pay VAT on private educational services

Saudi authorities to pay VAT on private educational services

By Arab News ·
Saudi inflation rate decelerates as impact of VAT increase fades

Saudi inflation rate decelerates as impact of VAT increase fades

By SHATHA ALMASOUDI - Rinat Gainullin ·
Saudi inflation driven up by food and vehicle prices as VAT hangover lingers

Saudi inflation driven up by food and vehicle prices as VAT hangover lingers

By Arab News ·
 Value-added tax (VAT) in Oman will provide the government 300 million Omani riyals revenues in 2021. (Shutterstock/File Photo)

Oman to get $780m revenues from VAT in 2021, $400m in 2022, says Ubhar CEO

By Arab News ·
Real estate VAT exemption boosted 2020 market activity

Real estate VAT exemption boosted 2020 market activity

By Arab News ·

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