Undersecretary of the Ministry of Finance Younis al-Khury confirmed to “Emirates Today” that there is no intention to increase the value-added tax from the current rate of 5%. For value-added tax in the country
This came in response to what the Kingdom of Saudi Arabia has done today to raise the value-added ratio to 15% within a number of measures and measures to contain the repercussions of the spread of the Corona virus and its negative effects on the economies of countries.