KUWAIT-UAE-ECONOMY-TAXATION

A picture taken on September 29, 2017 shows a close up shot of a man lighting a cigarette in Kuwait City. On October 1, 2017, the United Arab Emirates will double the price of tobacco and increase soft drink prices by 50 percent, ahead of a more general tax on goods and services on January 1 next year. It is but one of the six Gulf Cooperation Council states -- along with Saudi Arabia, Bahrain, Kuwait, Oman and Qatar -- to introduce the five-percent VAT next year as they seek to redress their economies. / AFP PHOTO / Yasser Al-Zayyat (Photo credit should read YASSER AL-ZAYYAT/AFP via Getty Images)
A picture taken on September 29, 2017 shows a close up shot of a man lighting a cigarette in Kuwait City. On October 1, 2017, the United Arab Emirates will double the price of tobacco and increase soft drink prices by 50 percent, ahead of a more general tax on goods and services on January 1 next year. It is but one of the six Gulf Cooperation Council states -- along with Saudi Arabia, Bahrain, Kuwait, Oman and Qatar -- to introduce the five-percent VAT next year as they seek to redress their economies. / AFP PHOTO / Yasser Al-Zayyat (Photo credit should read YASSER AL-ZAYYAT/AFP via Getty Images)
KUWAIT-UAE-ECONOMY-TAXATION
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Credit:
AFP Contributor / Contributor
Editorial #:
856049650
Collection:
AFP
Date created:
29 September, 2017
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Rights-managed
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Source:
AFP
Barcode:
AFP
Object name:
AFP_SX9TM
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