Tue, 28 September 2021
A draft law aimed for implementation from January 1, 2022 to adjust Value Added Tax (VAT) has been referred to the National Assembly.
The bill was approved by the Cabinet during its weekly session chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, today.
It is likely that VAT will be doubled from 5 percent to 10 percent under a proposed amendment.
For more news and information, visit www.bahrainthismonth.com/updates
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