Impact Of Tax In The UAE Your Comprehensive Guide To Understanding And Navigating UAE Tax(1st Edition)
Authors:
Ayoub Al Shamali
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Book details
ISBN: 191499454X, 978-1914994548
Book publisher: Acrtion Wealth Publishing (October 10, 2023)
Impact Of Tax In The UAE Your Comprehensive Guide To Understanding And Navigating UAE Tax 1st Edition Summary: Impact of Tax in the UAE"Tax is the fine for doing the right thing, a fine is a tax for doing the wrong thing." This witticism, stumbled upon during an online surfing session, perfectly captures the playful paradoxes surrounding taxation. A topic of fascination, debate, and often frustration, taxes form an integral aspect of socio-economic dynamics globally.The United Arab Emirates (UAE), once synonymous with tax-free living, has recently introduced the Value Added Tax (VAT), reshaping its economic and social narrative. Ayoub Alshamali, a leading figure in the UAE's financial landscape, takes readers on a comprehensive exploration into this significant reform.From the intricate impacts on businesses and consumers to its profound implications for sectors like real estate and finance, Alshamali paints a vivid picture of VAT's ripple effects. Going beyond mere implications, the book further examines tax's role in fostering innovation, economic diversity, and sustainable growth in the UAE.Impact of Tax in the UAE is more than an analysis. It's a guide, weaving meticulous research with practical insights, aiding students, professionals, policymakers, and the everyday reader in grasping the transformative power of taxation in the Emirates. Whether you're seeking clarity on the new tax landscape or a deeper understanding of its broader repercussions, this book promises to be an invaluable resource.About the AuthorAYOUB ALSHAMALI, an ICAEW Chartered Accountant and Managing Partner at APT Global, stands as an authority in the UAE's taxation and auditing domain. His book is not just an account of tax reforms, but a reflection of his passion, expertise, and commitment to the UAE's vibrant financial future.
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