VAT on its way?

Old Aug 8th 2005, 5:19 am
  #1  
W10
Guest
 
Posts: n/a
Default VAT on its way?

http://www.gulfnews.com/Articles/Bus...ticleID=176451
 
Old Aug 8th 2005, 5:58 am
  #2  
Loading...
 
Welivehere's Avatar
 
Joined: Oct 2004
Location: Back in the sand
Posts: 1,279
Welivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond repute
Default Re: VAT on its way?

I think it will come, however whether it will be in our life times is another question entirely....

I'm also curios as to how the implementation would be handled, for example if you use a base of say 15% and add that to the the normal cost of living (without increasing salaries), like the article comments, there are going to be a lot of people looking at moving on...
Welivehere is offline  
Old Aug 8th 2005, 6:15 am
  #3  
W10
Guest
 
Posts: n/a
Default Re: VAT on its way?

Dubai's USP is the lifestyle afforded by low tax living.

It would be interesting to see which areas VAT/taxation are introduced to. If it was on fuel for example it could be a good way of reducing congestion.
 
Old Aug 8th 2005, 6:42 am
  #4  
Trust Your Instincts.....
 
sassy's Avatar
 
Joined: Oct 2004
Location: Dubai
Posts: 1,404
sassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to beholdsassy is a splendid one to behold
Default Re: VAT on its way?



:scared: :scared: ..................
sassy is offline  
Old Aug 8th 2005, 6:44 am
  #5  
The Oracle
 
Face81's Avatar
 
Joined: Sep 2004
Location: London, United Kingdom
Posts: 7,220
Face81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of light
Default Re: VAT on its way?


Saw the article in this AM's papers, but none of the articles I read mentioned anything about how the FNC rejected calls for the introduction of VAT a couple of years ago, if I remember correctly.

It was found that Dubai was the only emirate in the federation that was running in the red and the FNC had a heated debate on whether or not a 17.5% tax on luxury goods be introduced in Dubai. There was a unanimous rejection for the calls to implement the VAT and then we have heard nothing until today.

Rumours are also rife about the possible introduction of a 1% income tax on ALL U.A.E residents from next year.

Thats my two fils on the matter... very unlike the FNC to go back on such a controversial issue. Seems a little odd, seeing as how it caused alot of feathers to be ruffled the last time this issue was in the lime light.

Time will tell.....
Face81 is offline  
Old Aug 8th 2005, 10:27 am
  #6  
Loading...
 
Welivehere's Avatar
 
Joined: Oct 2004
Location: Back in the sand
Posts: 1,279
Welivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond reputeWelivehere has a reputation beyond repute
Default Re: VAT on its way?

Originally Posted by W10
Dubai's USP is the lifestyle afforded by low tax living.

It would be interesting to see which areas VAT/taxation are introduced to. If it was on fuel for example it could be a good way of reducing congestion.
I would imagine fuel, tobacco and alcohol will/could/would the the first hit..... :scared:
Welivehere is offline  
Old Aug 8th 2005, 10:43 am
  #7  
The Oracle
 
Face81's Avatar
 
Joined: Sep 2004
Location: London, United Kingdom
Posts: 7,220
Face81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of light
Default Re: VAT on its way?

Originally Posted by Welivehere
I would imagine fuel, tobacco and alcohol will/could/would the the first hit..... :scared:
cars, leather good, jewllery, watches, perfumes and other luxury goods.....
Face81 is offline  
Old Aug 8th 2005, 10:43 am
  #8  
Powered by cows
 
Autonomy's Avatar
 
Joined: Jul 2004
Location: currently Dubai, ex UK
Posts: 4,582
Autonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond repute
Default Re: VAT on its way?

Originally Posted by Welivehere
I would imagine fuel, tobacco and alcohol will/could/would the the first hit..... :scared:
They should just approve offshore legalised and taxed gambling (offshore meaning the palms and the Burj) and that'll make up for the revenues...
Autonomy is offline  
Old Aug 8th 2005, 11:44 am
  #9  
The Oracle
 
Face81's Avatar
 
Joined: Sep 2004
Location: London, United Kingdom
Posts: 7,220
Face81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of light
Default Re: VAT on its way?

Originally Posted by Autonomy
They should just approve offshore legalised and taxed gambling (offshore meaning the palms and the Burj) and that'll make up for the revenues...
sounds crazy enough, so it could possibly work for Dubai.
Face81 is offline  
Old Aug 8th 2005, 11:51 am
  #10  
 
Heart of gold's Avatar
 
Joined: Oct 2003
Location: Somerset
Posts: 2,797
Heart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond repute
Default Re: VAT on its way?

Originally Posted by Face81
sounds crazy enough, so it could possibly work for Dubai.
Off the track a mo.... Thanks for the k! Cant give you none right now.
Heart of gold is offline  
Old Aug 8th 2005, 12:27 pm
  #11  
The Oracle
 
Face81's Avatar
 
Joined: Sep 2004
Location: London, United Kingdom
Posts: 7,220
Face81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of light
Default Re: VAT on its way?

Originally Posted by Heart of gold
Off the track a mo.... Thanks for the k! Cant give you none right now.
your most welcome. its the thought that counts.

Hope u are well.
Face81 is offline  
Old Aug 8th 2005, 4:22 pm
  #12  
 
Heart of gold's Avatar
 
Joined: Oct 2003
Location: Somerset
Posts: 2,797
Heart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond repute
Default Re: VAT on its way?

Originally Posted by Face81
your most welcome. its the thought that counts.

Hope u are well.


Im good thanks, and you? Have another 3 weeks in the uk yet, and the weather is perfect,
Heart of gold is offline  
Old Aug 8th 2005, 7:13 pm
  #13  
The Oracle
 
Face81's Avatar
 
Joined: Sep 2004
Location: London, United Kingdom
Posts: 7,220
Face81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of light
Default Re: VAT on its way?

Originally Posted by Heart of gold
Im good thanks, and you? Have another 3 weeks in the uk yet, and the weather is perfect,
glad to hear it.

Leaving for America in a few days... off on a nice holiday. Will be back before the month is out though.
Face81 is offline  
Old Aug 8th 2005, 7:34 pm
  #14  
 
Heart of gold's Avatar
 
Joined: Oct 2003
Location: Somerset
Posts: 2,797
Heart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond reputeHeart of gold has a reputation beyond repute
Default Re: VAT on its way?

Originally Posted by Face81
glad to hear it.

Leaving for America in a few days... off on a nice holiday. Will be back before the month is out though.

Exellent... Im sure you will have a great time Bring us back a magnet pls!
Heart of gold is offline  
Old Aug 8th 2005, 7:41 pm
  #15  
The Oracle
 
Face81's Avatar
 
Joined: Sep 2004
Location: London, United Kingdom
Posts: 7,220
Face81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of lightFace81 is a glorious beacon of light
Default Re: VAT on its way?

Originally Posted by Heart of gold
Exellent... Im sure you will have a great time Bring us back a magnet pls!
will do.

Dunno when u r back, but could u please get me a TV license application form from your nearest post office. pretty please.
Face81 is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.