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03-Sep-2018
AMMAN - International Arab Society of Certified Accountants (IASCA) announced that the Value Added Tax (VAT) has been incorporated within the legislation paper of the Arab International Certified Public Accountant (IACPA) curriculum for countries of the Gulf Cooperation Council (GCC) who applied the law, including Saudi Arabia and the UAE. It is worth mentioning that both Saudi Arabia and the UAE have started to impose a 5% VAT on most goods and services for the first time since January 2018. We hope that all students, who registered or wish to register in December 2018 course, would pay attention to the VAT subject during preparation for legislation exam, noting that the said law will be uploaded to the Society’s website as a reference.
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