SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (327226)2/24/2007 9:44:53 AM
From: Elroy  Read Replies (2) | Respond to of 1577920
 
There is a 10% hotel tax on rooms and restaurants in hotels, and that is it as far as I know. Dubai has an additional 10% room tax - again on hotels - but I'm not sure what the reason is for 2 10% taxes, probably different recipient agencies. So in Dubai you pay your room cost + 20%, but that hits primarily the tourist and those of us who eat out in hotels. There is no sales/income/property tax as far as I know. There is a 1% one time registeration tax if you buy property.

And......the government runs a surplus! Think of it - no tax revenues and they still have too much money! That's the advantage of owning the oil and gas company, I guess.