UAE raises up to $3bn a year through indirect taxes
The UAE generates between AED10bn and AED11bn ($2.72bn and $3bn) annually through indirect taxes, according to Younis Haji Al Khoori, Undersecretary of the Ministry of Finance. It represents a substantial portion of the federal budget, which totals approximately AED65bn ($17.7bn).
Posted by Hicham ALAOUI RIZQ on 2024, Dec 20
Introduction
The UAE generates between AED10bn and AED11bn ($2.72bn and $3bn) annually through indirect taxes, according to Younis Haji Al Khoori, Undersecretary of the Ministry of Finance. It represents a substantial portion of the federal budget, which totals approximately AED65bn ($17.7bn).
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