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UAE telecoms firm du says royalty rate to remain unchanged
February 23, 2017 / 11:22 AM / 10 months ago

UAE telecoms firm du says royalty rate to remain unchanged

DUBAI, Feb 23 (Reuters) - UAE telecoms provider du (Emirates Integrated Telecommunications Co) said on Thursday that the royalty rate, or tax, it pays to the federal government will remain unchanged until 2021.

The company will pay a 15 percent royalty on revenue and 30 percent royalty on profit, it said in a statement, unchanged from current levels. (Reporting by Tom Arnold; editing by Jason Neely)

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