VAT could emerge a cost centre for banks irrespective of rates – gulfnews.com

VAT could emerge a cost centre for banks irrespective of rates
gulfnews.com
Dubai: Implementation of Value Added Tax (VAT) in the UAE starting from January 1, 20018 will have some adverse implications for the banking sector’s margins, irrespective of the rate at which the VAT will be charged on the financial services

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