VAT in the GCC - PwC: Audit and assurance, consulting and tax services

VAT in the GCC - PwC: Audit and assurance, consulting and tax services www.pwc.com/.../what-is-vat-faq-on-vat... VAT in the GCC Frequently Asked Questions March 2016 www.pwc.com/me PwC Introduction Value Added Tax (VAT) is an indirect tax on consumption and it applies to most goods and services. VAT is levied on business transactions, i.e. on goods and ...