First gulf nations to introduce VAT (Value added Tax) ?
Correct answer: C. UAE and Saudi Arabia
- A. Oman and Qatar
- B. Kuwait and Iraq
- C. UAE and Saudi Arabia
- D. None of These
Explanation
The United Arab Emirates and Saudi Arabia were the first Gulf Cooperation Council states to introduce VAT, applying it in January 2018. The other listed pairs did not lead the Gulf VAT rollout.
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