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Tag Archives: VAT

Are Lebanon protests spontaneous or planned?

By Dr. Haytham Mouzahem   On October 17, 2019, protests erupted in most Lebanese cities, particularly in the center of Beirut, rejecting a $ 6-a-month WhatsApp tariff plus new taxes on gasoline and a 15% VAT increase. Soon, most of the Lebanese people from different classes, regions and sects reacted …

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Bahrain parliament approves VAT agreement

Bahrain is set to become the third Gulf Cooperation Council (GCC) to implement the unified agreement on Value Added Tax (VAT) on goods and services. On Sunday, the kingdom’s bicameral parliament, holding an extraordinary session upon a royal order issued last week, approved VAT at the rate of five per …

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Fuel prices in UAE for August 2018

The Ministry of Energy and Industry announced fuel prices for August and the price includes VAT. The per-litre prices are Super 98 at Dh2.57 (from Dh2.56 in July and Dh2.63 in June) and Special 95 at Dh2.46 (from Dh2.45 in July and Dh2.51 in June). Diesel price has been fixed at Dh2.63 per litre (from …

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