The excise tax on electronic smoking devices and sweetened beverages will be effective as of December 1, 2019, according to the Federal Tax Authority (FTA).
The UAE initially introduced 50-100 percent excise tax on harmful goods such as soft and energy drinks and tobacco in October 2017 in a bid to improve public health and cover the costs of public services through the newfound government revenue.
As part of KPMG’s ongoing efforts to raise awareness of key industry developments, KPMG in Bahrain is calling out…554 Views | the publication reaches you by | Dubai Today
Do you have information you want to reach our readers?
The global freelancing market is set to grow $20bn by 2020. Where does the market stand here in…