United Arab Emirates:
VAT: The UAE Versus The KSA Way
14 May 2018
BSA Ahmad Bin Hezeem & Associates LLP
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John Peacock, Head of Tax and Conveyancing at BSA’s Dubai
office wrote an article for Emirates Law (published in the April
2018 edition) comparing the implementation of VAT in the United
Arab Emirates and the Kingdom of Saudi Arabia. As the GCC countries
start to move away from the oil-based economy models, they
introduce VAT to help supplement government income. What can we
expect in the KSA over the next 12 months?
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