DOHA: Undersecretaries of finance ministries from the GCC states are meeting here today to arguably, discuss among other issues plans to introduce value-added tax (VAT) in the region.
This will be a preparatory event for a meeting of finance ministers from the GCC member-countries slated to be held here on Saturday.
Saturday’s will be the GCC’s Financial and Economic Committee meeting under the chairmanship of Qatar’s Minister of Finance, H E Ali Shareef Al Emadi. On top of the agenda of the committee meet will be a number of issues, among them a discussion on appropriate decisions regarding a proposed regional uniform tax system, QNA reports.
Financial and economic cooperation among the GCC states will also be discussed and the GCC common market project as well as promoting economic integration among member-states.
The Peninsula
