The government has taken practical steps to study the implementation of the idea of a selective taxation which will include tobacco and its derivatives, soft and sweetened drinks, in addition, it will be applied to expensive goods, such as watches, jewelry and precious stones as well as luxury cars and yachts – instead of a value-added tax, reports Al-Qabas daily. According to the study the application of selective taxation, on which the government is working behind the scenes will range from 10 to 25 percent.
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