UAE begins collecting ‘sin’ taxes on tobacco, energy drinks
October 1st, 2017
The United Arab Emirates has begun collecting new “sin” taxes on tobacco products, energy drinks and soft drinks. Beginning October 1, tobacco and energy drinks will be taxed at 100 per cent and soft drinks at 50 per cent. All six members of the Gulf Cooperation Council have agreed to begin collecting so-called VAT taxes, though others may begin later than January. The GCC includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.