Home news New tax on Dubai gold

New tax on Dubai gold

8
0

Dubai calls itself City of Gold. Traders there buy and sell $75bn (£56bn) worth of the precious metal every year. Part of the reason for its success is that gold is untaxed, and therefore cheap.But from the start of next year, the government is imposing a value added tax on gold sales. Jeremy Howell has more.
Source: BBC News

LEAVE A REPLY

Please enter your comment!
Please enter your name here