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12-Oct-2016

VAT executive regulations to be released not before end of month, Tax Authority Chief says

The executive regulations of the Value-Added Tax (VAT) bill will be released by end of month at the earliest, according to the Tax Authority Chief Abdel Moneim Mattar. The regulations should detail how the law will be executed and facilitate related procedures, he said, adding that any exceptions to certain groups after the regulation is approved will not be possible. (Al Mal)

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