6 Gulf Countries Will Tax Citizens For The First Time
Six Gulf states have said they will tax their citizens for the first time in a radical policy shift.
The Gulf Cooperation Council (GCC) - a loose fedration of Saudi Arabia, Kuwait, Bahrain, Oman, Qatar and the United Arab Emirates - has agreed to introduce VAT following costly military campaigns and a drop in global oil prices.
Taxation is considered an alternative source of income for Gulf states hoping to move their economies and populations away from a dependence on oil and gas.
Thank goodness for American energy independence. Even if the administration did reject the keystone pipeline, we'll still become more independent. Now if only we could stop letting our natural gas goldmine from seeping away.
money is not everything while we are stable for centuries. from the north we have Isis knocking on our door and from the east Iran is looking at us viciously. furthermore, our troops fighting terrorism in the south
money is not everything while we are stable for centuries. from the north we have Isis knocking on our door and from the east Iran is looking at us viciously. furthermore, our troops fighting terrorism in the south
