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 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.
Pillar two might be top of mind for many multinational companies, but the huge variations between countries’ readiness means getting ahead of the game now, argues Russell Gammon, chief solutions officer at Tax Systems.