Revenue grew 4.2% in the first six months of the year, as compared with H1-17
Supported by gains in smaller cities
Taxes on white lands will activate investment and force owners of urban land that has remained unused for decades to develop it
Education and healthcare have largely been kept out of VAT, with majority services zero-rated
Saudi Arabia said earlier that dissident Khashoggi died in a fight inside its Istanbul consulate
Among the new licences issued, 61.2% were Commercial, 36.4% Professional, 1.2% related to Tourism and 1.1% were Industrial.
Issuance was expected to continue surging this year, but the first half performance turned out to be more sluggish
China is still in a transition phase from the disastrous command economy of the Mao era