UAE financial advisory firm calls for “Global Citizen Tax” to fund refugee crisis

Monday, 14 September 2015 16:21

UAE financial advisory firm, Arton Capital, has called for a “Global Citizen Tax” to be implemented to fund the current refugee crisis. They have called on the European Union to institute a levy on foreign investors as part of their residence and citizenship programs. The firm says the proposed tax could raise in excess of AED 1 billion within 18 months, and up to AED 4 billion in the next five years. Armand Arton, CEO of Arton Capital, shares if investors would be happy with this additional tax.

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UAE condemns attack on Indian-flagged ship off Oman coast
The UAE has strongly condemned an attack targeting an Indian-flagged commercial ship off the coast of Oman, warning that the incident threatens international maritime security and the stability of critical shipping routes.
UAE, UK ministers discuss regional stability, bilateral ties
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H.H. Sheikh Hamdan reviews operations, developments at Jebel Ali Port
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UAE financial advisory firm calls for “Global Citizen Tax” to fund refugee crisis

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UAE financial advisory firm calls for “Global Citizen Tax” to fund refugee crisis

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