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The UAE maritime industry has been seeking exemption from VAT in line with the global practice as many countries relieved the industry from the taxation. (Shutterstock)
September 11th, 2018 - 06:46 GMT

After Gold, UAE Mulls This Sector for VAT Exemption

Following UAE's decision to exempt gold and precious metals from the value-added tax, the maritime industry could also get a relief as the Federal Transport Authority is negotiating VAT exemption with the Federal Tax Authority
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