GCC countries take major step towards VAT implementation

Joe Stanley-Smith

February 02 2017

Bahrain’s Minister of Finance Shaikh Ahmed bin Mohamed Al Khalifa has signed the Gulf Cooperation Council’s (GCC’s) agreement on unified VAT and selective taxation, paving the way for VAT to be introduced across the six member nations from 2018.

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Joe Stanley-Smith

Editor ITR

Joe manages ITR’s online and print coverage, and the publication’s events worldwide. He covers a range of tax issues affecting multinational corporations, particularly indirect tax matters and case studies.

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