RSM Bahrain

Tax insights

International VAT Update: June 2018

12 June 2018
Breaking VAT news from RSM's experts around the world, including updates from Portugal, Norway, UK, Italy, Australia, Canada, South Africa and Malaysia.

VAT in Bahrain and Other GCC Countries

13 February 2018
The Unified Gulf Cooperation Council Value Added Tax framework agreement was released on 3 May 2017 Member states are expected to pass their individual laws relating to VAT. UAE and KSA planned to implement VAT in their countries by the first quarter of 2018. Other GCC countries are expected to implement VAT by January 2019.

Excise Tax on selected items to come into effect early 2018

24 December 2017
The Minister of Finance, Shaikh Ahmed bin Mohammed Al Khalifa, announced that the Excise Tax on Selected Items Law would come in force early 2018. As stated in the law, the tax rate will be 100% for tobacco and energy drinks, and 50% for soft drinks.

International VAT Update - November 2017

14 November 2017
Breaking VAT news from around the world, including updates from the European Union, Romania, Hungary, Slovakia, Ireland, Norway and the Gulf Cooperation Council.

Indirect Tax Update - January 2017

2 February 2017
Breaking news from the RSM Indirect Tax Group, including updates from the GCC, EU, Netherlands, Hungary and China. Download here or read below.


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