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New year, new tax: Saudi Arabia, UAE introduce first-time levy for Gulf

The introduction of the value-added tax is the latest measure as Gulf oil producers aim to boost revenues and cut spending

Shopping at the Dubai Mall (AFP)

By MEE and agencies

Published date: 1 January 2018 13:09 GMT | Last update: 7 years 3 months ago

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New year, new tax: Saudi Arabia, UAE introduce first-time levy for Gulf

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