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Bahrain sees pre-VAT splurge while UAE and KSA companies can expect audits

Consumers in Bahrain are spending more in the lead-up to the Kingdom’s VAT roll-out, with car sales reportedly up by as much as 20 percent. Meanwhile, professional services firm EY says businesses in the UAE and Saudi Arabia can expect full-scale tax audits in the year ahead, as local authorities move more confidently beyond the implementation period.

Source: Consultancy ME

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