Article 25 of the GCC Common VAT Agreement establishes the standard tax rate applicable to taxable transactions. It mandates a uniform rate of 5% on the value of the Supply or the value of Imports. This standard rate is the default unless a specific provision within the Agreement allows for an exemption or the application of the zero-rate to certain supplies. Significantly, this Article also stipulates that all published prices for goods and services within the local market of a Member State must be inclusive of VAT, ensuring price transparency for consumers and businesses alike, without prejudice to other obligations.