Netherlands Begins International Tax System Review

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 28, 2018

The Dutch Government has launched a consultation exercise on plans to review the country's tax treaty policy and to draw up a list of low-tax jurisdictions for the purposes of enforcing incoming controlled foreign company rules.Read Full Story

Bahrain Commits To Introducing VAT This Year

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, February 28, 2018

Bahrain has committed to pushing towards the introduction of the Gulf Cooperation Council's value-added tax framework by the end of the year.Read Full Story

United Arab Emirates, Saudi Arabia Introduce Value-Added Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, January 1, 2018

Having introduced value-added tax on January 1, 2018, the United Arab Emirates and Saudi Arabia became the first two states of the six-member Gulf Cooperation Council grouping to follow through on the bloc's commitment to introduce a harmonized value-added tax.Read Full Story

Bahrain To Begin Levying GCC's Selective Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, December 28, 2017

Bahrain's Cabinet has approved the introduction of the Gulf Cooperation Council's so-called selective tax on unhealthy commodities from December 30. Read Full Story

Oman Confirms No VAT In 2018

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, December 27, 2017

Oman has officially stated it will not be joining the United Arab Emirates and Saudi Arabia in introducing the agreed Gulf Cooperation Council value-added tax until at least 2019.Read Full Story

IMF Reports On Middle East's Fiscal Challenges

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, December 21, 2017

The International Monetary Fund has published a new paper on the fiscal consolidation challenges being faced by the members of the Gulf Cooperation Council – Kuwait, Qatar, Oman, Saudi Arabia, Bahrain, and the United Arab Emirates – whose tax revenues have been depressed due to persistently low oil prices.Read Full Story

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• 17/11/2017 Saudi Arabia Explains VAT Rules For Transport Sector »
• 17/11/2017 IMF Urges Kuwait To Press Ahead With VAT »
• 27/07/2017 Saudi Arabia Readies For Value-Added Tax »
• 25/07/2017 IMF Praises Saudi Tax Reforms »
• 18/07/2017 UAE To Exempt Residential Property From VAT »
• 09/05/2017 Kuwait Signs OECD's Multilateral Tax Pact »
• 08/05/2017 Qatari Cabinet Approves VAT »
• 08/05/2017 Kuwait Central Bank Opposes Tax On Expat Remittances »
• 04/05/2017 Merkel Hopes EU Will Complete FTA With Gulf Nations »
• 19/04/2017 Saudi Arabia Approves GCC 'Sin Tax' »
• 18/04/2017 BEPS Inclusive Framework Meeting Held In Georgia »
• 21/03/2017 Taiwan Explains VAT Refunds For Foreign Exhibitors »
• 23/02/2017 Saudi Cabinet Approves GCC Selective Tax »
• 20/02/2017 Qatar To Introduce GCC Sin Tax »
• 02/02/2017 Kuwait Considering Higher Taxes On Foreign Residents »
• 16/11/2016 Oman Confirms Participation In GCC VAT From 2018 »
• 27/10/2016 Governments Easing Tax And Regulation Burdens »
• 09/09/2016 Jebel Ali Free Zone Launches New Business Center »
• 22/08/2016 Kuwait Signs Common Reporting Standard »
• 26/07/2016 IMF Welcomes UAE's VAT Plan »
• 13/07/2016 Kuwaiti Investment Company Opens Office In DIFC »
• 22/06/2016 GCC Agrees Framework For Excise Duties, VAT »

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