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Thread: VAT could double to 10% in some GCC countries.
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Old 29th Jan 2018, 13:49
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BANANASBANANAS
 
Join Date: Jun 2001
Location: Formerly resident of Knoteatingham
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Entirely agree.

So, in anticipation of the likely incoming bad news, can we expect expat house owners (with substantial equity), those with separate business interests and those with substantial cash held in UAE/GCC to immediately begin winding down their risk of exposure to these taxes?

I would say it is now time to have absolutely minimum assets in UAE/GCC.
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