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

Saudi Arabia Sets Out VAT Filing, Payment Obligations

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, January 23, 2018

Saudi Arabia's tax agency, the General Authority for Zakat and Tax, has issued a reminder to taxpayers that all enterprises registered for the territory's new value-added tax whose supplies exceed SAR40m (USD10.6m) annually must file their tax returns on a monthly basis. Read Full Story

Saudi Arabia Legislates To Absorb VAT On Education

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, January 12, 2018

Saudi Arabia's tax agency has set out the arrangements through which Saudi nationals will not bear the value-added tax that must be charged on education services under the Gulf Cooperation Council's harmonized value-added tax, which was introduced from January 1, 2018. Read Full Story

Saudi Confirms VAT Rules For Hire-Purchase Contracts

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, January 8, 2018

On January 3, 2018, Saudi Arabia's tax agency announced an exemption from VAT for lease-to-own and rent-to-own contracts of assets (for example for automobiles or real estate) delivered before January 1, 2018.Read Full Story

Cyprus, Saudi Arabia Negotiate Double Tax Agreement

by Jason Gorringe, Tax-News.com, London

Thursday, January 4, 2018

Cyprus's Ministry of Finance says the island has signed a double tax agreement with Saudi Arabia with respect to taxes on income and for the prevention of tax evasion.Read Full Story

Having Implemented VAT, Saudi Arabia Moves To Challenge Fraud

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, January 2, 2018

Saudi Arabia's tax agency has launched a dedicated application to enable taxpayers to determine if the business they're dealing with is registered for the nation's new value-added tax.Read Full Story

• 02/01/2018 United Arab Emirates, Saudi Arabia Introduce Value-Added Tax »
• 29/12/2017 Bahrain To Begin Levying GCC's Selective Tax »
• 28/12/2017 Oman Confirms No VAT In 2018 »
• 22/12/2017 IMF Reports On Middle East's Fiscal Challenges »
• 18/12/2017 Saudi Arabia Clarifies VAT On Electronic Services, E-Commerce »
• 05/12/2017 Saudi Arabia Explains Invoicing Rules For GCC VAT »
• 01/12/2017 UAE Finalizes Adoption Of New VAT Framework »
• 01/12/2017 Saudi Releases VAT Guide On Insurance »
• 17/11/2017 Saudi Arabia Explains VAT Rules For Transport Sector »
• 17/11/2017 IMF Urges Kuwait To Press Ahead With VAT »
• 10/11/2017 Saudi Arabia Clarifies VAT Rates, Including On Financial Services »
• 28/08/2017 Saudi Arabia And Hong Kong Sign DTA »
• 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 »
• 07/07/2017 Switzerland Exploring Options For Freer Trade »
• 16/06/2017 Saudi To Hike Taxes On Expat Workers »
• 05/06/2017 Saudi Arabia Launches Consultation On VAT Law »
• 08/05/2017 Qatari Cabinet Approves VAT »
• 04/05/2017 Merkel Hopes EU Will Complete FTA With Gulf Nations »
• 19/04/2017 Saudi Arabia Approves GCC 'Sin Tax' »
• 11/04/2017 Jordan To Impose Late Filing Penalty »
• 31/03/2017 Saudi Arabia To Introduce Tax On Undeveloped Land »
• 29/03/2017 Saudi Arabia Cuts Tax For Oil Producers Ahead Of Aramco IPO »

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