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PwC GCC Indirect Tax Newsletter – January 2020 Edition

United Arab Emirates (UAE)

  • Cabinet decision on Refund of VAT Paid on Goods and Services Connected with Expo 2020 Dubai
  • Public Clarification on Time-frame for recovering Input Tax (VATP016)
  • Updated New Residences VAT Refund User Guide
  • Activation of download option for VAT return

The Kingdom of Saudi Arabia (KSA)

  • Operating rules of the Appeal Committees

The Kingdom of Bahrain (Bahrain)

  • One-time annual VAT filing submission for taxpayers whose annual supplies are less than one hundred thousand Bahraini Dinars
  • The NBR releases an updated version of the VAT Education Booklet
  • Electricity and water charges will be inclusive of 5% VAT

The Sultanate of Oman (Oman)

  • VAT to be implemented from early 2021

Source: PwC

 

 

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