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5% VAT is expected to produce revenues of over $25 billion per annum for the six GCC countries. (Shutterstock)
August 26th, 2018 - 10:15 GMT

Bahrain to Implement VAT in 2019

Bahrain will be the next country to implement five per cent value-added tax (VAT) after the UAE and Saudi Arabia as part of the GCC framework agreed between the six states, according to tax experts.
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