{"id":43437,"date":"2023-01-02T18:02:17","date_gmt":"2023-01-02T18:02:17","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2023\/01\/02\/party-on-dubai-scraps-alcohol-tax-to-boost-tourism\/"},"modified":"2023-01-02T18:02:17","modified_gmt":"2023-01-02T18:02:17","slug":"party-on-dubai-scraps-alcohol-tax-to-spice-up-tourism","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2023\/01\/02\/party-on-dubai-scraps-alcohol-tax-to-spice-up-tourism\/","title":{"rendered":"Party on: Dubai scraps alcohol tax to spice up tourism"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Sky-high booze costs typically immediate Dubai residents to journey to neighboring emirates, the place alcoholic drinks value much less<\/p>\n<\/div>\n<div>\n<p>\n<iframe loading=\"lazy\" scrolling=\"no\" class=\"playht-iframe-player\" id=\"playht-iframe-player\" height=\"90px\" width=\"100%\" frameborder=\"0\" style=\"max-height: 90px; height: 90px !important;\" src=\"https:\/\/play.ht\/embed\/?article_url=https:\/\/eturbonews.com\/?p=3085363&amp;voice=en-US-Standard-D&amp;appId=MjmFoGoWdJhUu3c&amp;trans_id=-NKnOfsQ2o5LPdGO5kdZ\" data-voice=\"en-US-Standard-D\" article-url=\"https:\/\/eturbonews.com\/?p=3085363\" data-appid=\"MjmFoGoWdJhUu3c\" allowfullscreen=\"\"><br \/>\n\t<\/iframe>\n<\/p>\n<p>Any resident of Dubai, who needs to devour, transport or inventory alcohol is legally required to own a liquor license. The liquor licenses might solely be issued to individuals aged 21 or older, and value 270 dirham ($73) a yr, every.<\/p>\n<p>There\u2019s additionally a 30% tax on alcoholic drinks collected by Dubai authorities.<\/p>\n<p>In <a href=\"https:\/\/eturbonews.com\/how-to-explore-dubai-on-a-budget\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dubai<\/a>, referred to as the Gulf\u2019s\u00a0\u201cparty capital,\u201d\u00a0the worth of 1 bottle of beer typically tops $10, whereas a bottle of wine might simply value over $100. The sky-high booze costs typically immediate Dubai residents to journey to neighboring emirates, the place alcoholic drinks value much less.<\/p>\n<p>According to an announcement from two main UAE retailers, as of this Sunday, Dubai authorities has\u00a0eradicated\u00a0a 30% tax on alcohol and 270-dirham payment for liquor licenses, making them free to acquire.<\/p>\n<p>In a sequence of posts on Instagram, Maritime and Mercantile International (MMI), one of many largest alcohol shops in Dubai, praised the transfer as\u00a0\u201cBIG BIG NEWS,\u201d\u00a0celebrating that folks\u00a0\u201cno longer need to make trips across the country to stock up on favorite drinks.\u201d<\/p>\n<p>\u201cWith the removal of [the] 30% municipality tax and FREE alcohol license, buying your favorite drinks is now easier and cheaper than ever!\u201d\u00a0MMI declared.<\/p>\n<p>Another main emirati booze vendor, African + Eastern, confirmed the brand new. However, a 5% VAT fee nonetheless applies to alcoholic beverage purchases, the retailer added.<\/p>\n<p>New laws got here into pressure yesterday, however it&#8217;s not clear whether or not they&#8217;re right here to remain on a everlasting foundation. According to native media reviews, new modifications in alcohol commerce legal guidelines are of their trial part and can stay in impact for a yr for now.<\/p>\n<p>The choice to chop taxes on alcoholic drinks comes after Dubai authorised a brand new tourism technique in November in a bid to spice up its competitiveness and entice 100 billion dirham ($27 billion) in further funding by 2031.<\/p>\n<p>According to a chief economist of Abu Dhabi Commercial Bank, Dubai authorities\u2019s choice\u00a0\u201cshould further support the tourism and hospitality sectors.\u201d<\/p>\n<p>The transfer will \u201calso be welcomed by many residents, who are predominantly expatriates,\u201d financial institution official added.<\/p>\n<p>Nearly 90% of the inhabitants of the <a href=\"https:\/\/u.ae\/en\" target=\"_blank\" rel=\"noreferrer noopener\">United Arab Emirates (UAE)<\/a>, the place Dubai is the biggest metropolis, are expatriates.<\/p>\n<h3>Related News<\/h3>\n<ul class=\"st-related-posts\">\n<li><a href=\"https:\/\/eturbonews.com\/jamaica-winter-tourist-season-begins-with-a-bang\/\" title=\"Jamaica Winter tourist season begins with a bang (December 19, 2022)\" target=\"_blank\" rel=\"noopener\">Jamaica Winter vacationer season begins with a bang<\/a><br \/>\n<a href=\"https:\/\/eturbonews.com\/breaking-travel-news\/\" title=\"29428 topics\" rel=\"tag noopener\" target=\"_blank\">Breaking Travel News<\/a>, <a href=\"https:\/\/eturbonews.com\/business-travel\/\" title=\"14222 topics\" rel=\"tag noopener\" target=\"_blank\">Business Travel<\/a>, <a href=\"https:\/\/eturbonews.com\/destination\/\" title=\"21205 topics\" rel=\"tag noopener\" target=\"_blank\">Destination<\/a>, <a href=\"https:\/\/eturbonews.com\/government-affairs\/\" title=\"7169 topics\" rel=\"tag noopener\" target=\"_blank\">Government News<\/a>, <a href=\"https:\/\/eturbonews.com\/hospitality\/\" title=\"10330 topics\" rel=\"tag noopener\" target=\"_blank\">Hospitality Industry<\/a>, <a href=\"https:\/\/eturbonews.com\/news\/\" title=\"106001 topics\" rel=\"tag noopener\" target=\"_blank\">News<\/a>, <a href=\"https:\/\/eturbonews.com\/tourism\/\" title=\"26911 topics\" rel=\"tag noopener\" target=\"_blank\">Tourism<\/a>, <a href=\"https:\/\/eturbonews.com\/travelwirenews\/\" title=\"22097 topics\" rel=\"tag noopener\" target=\"_blank\">Travel Wire News<\/a>|<\/li>\n<li><a href=\"https:\/\/eturbonews.com\/santa-claus-is-coming-to-intercontinental-lisbon\/\" title=\"Santa Claus is coming to InterContinental Lisbon (December 14, 2022)\" target=\"_blank\" rel=\"noopener\">Santa Claus is coming to InterContinental Lisbon<\/a><br \/>\n<a href=\"https:\/\/eturbonews.com\/hospitality\/\" title=\"10330 topics\" rel=\"tag noopener\" target=\"_blank\">Hospitality Industry<\/a>, <a href=\"https:\/\/eturbonews.com\/hotels\/\" title=\"3972 topics\" rel=\"tag noopener\" target=\"_blank\">Hotels &amp; 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The liquor licenses might solely be issued to individuals aged 21 or older, and value [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":43439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":{"0":"post-43437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tourism"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/43437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=43437"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/43437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/43439"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=43437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=43437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=43437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}