KPMG has identified clear cases where VAT-registered businesses in the Saudi market could make a mistake in their VAT filing
Executive director says talks ongoing "at the highest level" to protect certain activities.
International ratings agency S&P said in a note last month that some GCC countries could double VAT rate to 10 per cent
The success of the UAE tax system is a shared responsibility requiring continuous strategic collaboration between the public and private sectors.
Tax authorities would have to engage with businesses to make sure compliance is done the right way