IBFD VAT Collections Now Cover United Arab Emirates and Saudi ArabiaNov-28-2018
IBFD is dedicated to providing VAT specialists with the most comprehensive information on the latest developments in VAT/GST worldwide. Therefore, our collections on VAT/GST have been expanded with two new chapters covering the newly introduced VAT legislation in two Gulf Cooperation Council (GCC) member states: United Arab Emirates and Saudi Arabia.
The member states of the GCC have signed an agreement to implement VAT and will therefore start applying special rules to the supplies of goods and services within and between GCC member states. Needless to say, for companies operating in the region, it is of crucial importance to know and understand the implications that these developments will have on their business. The release of new VAT & Sales Tax chapters on the United Arab Emirates and Saudi Arabia* aims to help VAT specialists and their companies in this venture by providing a comprehensive explanation of the applicable VAT/GST rules.
You can find the chapters on the IBFD Tax Research Platform in two easy steps:
1. On the Search tab of our Tax Research Platform, go to the VAT, Sales Tax & Other Indirect Taxes section and select the VAT & Sales Tax collection.
2. Apply the filter on the left to choose the country of your interest (United Arab Emirates or Saudi Arabia).
Screenshot 1: IBFD Tax Research Platform
In order to gain practical understanding of how one of the new chapters can facilitate your business in any of the member states of the GCC, read our latest case study:
Screenshot 2: Overview of United Arab Emirates – Value Added Tax
Discover IBFD’s products on VAT
IBFD is continually expanding and updating its online publications on VAT/GST on the IBFD Tax Research Platform, covering more and more countries and tax systems. Collections like Global VAT Explorer and VAT Worldwide offer a complete global overview of domestic VAT/GST systems at different levels of detail.