Good news: no excise tax on these products in UAE.
Curbing harmful consumption patterns and enhancing the standard of living are the leading objectives behind the Cabinet decision to expand the scope of excise tax, asserted Khalid Ali Al Bustani, Director-General of the Federal Tax Authority, FTA, at a media workshop organised by the authority on Tuesday, October 29, 2019.
Al Bustani explained that the expansion of excise tax answers directives from the UAE's wise leadership to enhance the country's competitiveness and expedite plans to build a safe, healthy community, by curbing the consumption of harmful products, diversifying sources of income, and expanding the public services offered by the government.
FTA officials attended the workshop, giving a detailed presentation about Cabinet Decision No. (52) of 2019 on excise goods, excise tax rates, and the methods of calculating the excise price. The decision goes into effect on...
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