The Cabinet Decision to implement a system that returns Value Added Tax (VAT) to tourists will cement the UAE’s status as a premier global tourist destination, asserted the Federal Tax Authority (FTA).
UAE has the world’s best integrated tax systems, says finance minister
The UAE has succeeded in establishing an integrated tax system that is now considered as one of the best in the world, said Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance.