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Economy

“Dubai nixes its 30% alcohol tax in a bid to attract more tourism”

“…Dubai is scrapping its 30% tax on alcohol sales for the rest of the year, the emirate’s municipality announced Monday, the latest move in a series of liberalizing policy changes over the last few years aimed at boosting tourism and attracting more foreign residents.

“Dubai Municipality has temporarily stopped collecting the 30% fee from alcoholic beverage companies for a period of one year from the beginning of 01/01/2023 to the end of 12/31/2023. The companies authorized to sell in the Emirate of Dubai have been notified of this decision,” Dubai Municipality wrote in a post from its official Twitter account…”

https://www.cnbc.com/2023/01/03/dubai-nixes-its-30percent-alcohol-tax-in-a-bid-to-attract-more-tourism-.html

I think its funny how that 30% fee goes out the window when their pockets are hurting.

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