Legal and Technical Rules of Income Tax (Comparative and Applied Study on the GCC states)
Dr. Mohamed Al Shafei
Faculty of Law – UAE University – UAE
Abstract:
The success of tax policy in any country depends on the extent to which the tax legislations fulfill the legal and technical rules. Although many GCC states have not adopted the personal income tax, most of them have implemented a corporate tax. The aim of this study is to highlight the most important general and special legal and technical rules missed of current tax legislations applied in the GCC states. This could ultimately enable us to conclude some recommendations for revising those legislations. Also, some guidelines could be introduced to help legislators in GCC states in enacting new taxes complying with the economic and financial developments in these countries.
The study consists of three sections. The first section discusses theoretically the legal and technical rules of the income tax, in addition to the tax system applied in the GCC states. The question of the availability of general and special legal and technical requirements in the income tax legislation in GCC states is respectively considered in the second and third sections.