The Gulf Cooperation Council (GCC) has decided to introduce Value Added Tax (VAT) following costly military campaigns and a drop in global oil prices.
The GCC consists of:
Gulf Cooperation Council (GCC) is a political and economic alliance of these six Middle Eastern countries. The GCC was established in Riyadh, Saudia Arabia, in May 1981.
- Saudi Arabia,
- Qatar and
- the United Arab Emirates