As we close out the year and look to 2020, we are highlighting the most impactful news for Global Mobility in 2019. Last week, we posted our top 5 downloads and our top 5 mobility policy articles. Today's post features the most popular tax news that we published this year.
The GCC and collective tax reforms: Gulf Cooperation Council (GCC) member countries first agreed to collective tax reforms in 2016, including directives to implement a VAT of 5%, as well as excise taxes, also known as selective taxes, and commonly referred to as “sin taxes.”
Over twenty countries have published double-digit annual inflation in the categories of alcohol and/or tobacco over the past three months.