State Consultative Council

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The six member GCC bloc has been debating a common value added tax, which is a tax levied on the import and supply of goods and services at each production and distribution stage, for over a decade. (File photo)

June 12th, 2016 - 11:00 GMT

VAT in GCC: Challenges ahead of 2018 implementation

Among the many challenges ahead of the 2018 introduction of pan-GCC value added taxes are finalising the framework, information technology preparedness, creating national VAT laws, training and recruitment.