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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


United Arab Emirates to Introduce 5% VAT Thanks to IMF

Lobo
Lobo
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Join date : 2013-01-12

United Arab Emirates to Introduce 5% VAT Thanks to IMF Empty United Arab Emirates to Introduce 5% VAT Thanks to IMF

Post by Lobo Fri 26 Feb 2016, 2:12 pm

United Arab Emirates to Introduce 5% VAT Thanks to IMF Lagarde-Christine-imf
The impact of the collapse in oil is having dramatic effects on taxation in the Middle East and suddenly on the issue of government debt. The UAE will implement a 5% value added tax (VAT) beginning January 1, 2018. UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer made the announcement after listening to Christine Lagarde speak at the IMF conference. In fact, he made the announcement at a joint press conference on Wednesday with Lagarde. However, our sources within government have relayed that income taxes are likely perhaps within 2 years as well.
It appears that Lagarde is bringing French socialism to the world since it was the French who dreamed up communism and sold that idea to Karl Marx. What is ours is always theirs and never will they consider reform.
https://www.armstrongeconomics.com/international-news/middle_east/united-arab-emirates-to-introduce-5-vat-thanks-to-imf/

    Current date/time is Thu 06 Oct 2022, 3:43 am