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Colombia Cuts Taxes to Entice Offshore Exploration
Colombia will lower tax rates for oil companies drilling in some offshore blocks in the Caribbean, the Mines and Energy Minister said on Monday, in an effort to encourage exploration amid a global...
View ArticleUAE to introduce 5pc VAT from Jan 2018
The UAE plans to introduce a 5 per cent value added tax (VAT) from January 1, 2018, Obaid Humaid Al Tayer, Minister of State for Financial Affairs, has been quoted as saying. In the first year, the...
View ArticleVAT likely to increase inflation rates across GCC
The introduction of value added tax (VAT) will increase inflation rates across the GCC, according to one-third of investment professionals, while over a quarter said that it will increase the cost of...
View ArticleNassau Port Operator Mulls $65m Haiti Bid
The Nassau Container Port’s (NCP) operator is evaluating whether to bid on a $65 million port redevelopment project in Haiti, as it targets “material financial benefits” from expanding into the...
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