VOL. XXXV

NO. 47

24-AUGUST-1992

Financial andBanking News

BUDGETS AND REVENUES

UAE State Audit Institutions Says Companies' Tax Should be Considered

The UAE's State Audit Institution (SAI) says that the country should consider taxing company profits as a way of funding the Federal Deficit. In its annual report for 1991, which has just been published, the audit institution said that the uncertainty caused by federal deficits and by the delays in publishing budget figures has prevented development...