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Bahrain News - Business, Taxation & Offshore


EU Accused Of Tax Blacklist Hypocrisy

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 41 hours ago | Monday, December 11, 2017

An umbrella body for non-governmental organizations in Finland has criticized the European Union for not including member states on its tax blacklist when several EU countries have laws in place that encourage corporate tax avoidance.Read Full Story


Offshore IFCs Absent From EU's New Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 5, 2017

EU member states have agreed to a new EU list of non-cooperative tax jurisdictions, featuring 17 jurisdictions and notably relatively few offshore financial centers.Read Full Story


UAE Finalizes Adoption Of New VAT Framework

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 30, 2017

The Prime Minister of the United Arab Emirates has officially approved Regulations that set out rules for the value-added tax framework the country will adopt, alongside Saudi Arabia, from January 1, 2018.Read Full Story


Saudi Arabia Explains VAT Rules For Transport Sector

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 16, 2017

Saudi Arabia's tax authority has issued guidance on the value-added tax rules that will apply to transportation services when value-added tax is introduced from January 1, 2018.Read Full Story


Bahraini Ministers Approve GCC's Selective Excise Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, October 20, 2017

Bahrain's Cabinet on October 16 approved Gulf Cooperation Council proposals for a selective excise tax on unhealthy drinks, the state news agency reported.Read Full Story


Saudi Arabia Readies For Value-Added Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, July 26, 2017

Saudi Arabia has released draft regulations for the introduction of value-added tax for consultation, following recent approval of the tax framework from lawmakers.Read Full Story


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