VATupdate

Middle East Tax Newsletter – December 2020

United Arab Emirates (UAE)

  • Dubai Customs fine reduction initiative

Kingdom of Saudi Arabia

  • Electronic invoicing regulations
  • RETT rules and conditions for real estate developers

Bahrain

  • Bahrain VAT – Recoverability of input tax on capital assets
  • Bahrain VAT l Construction and real estate

Source KPMG

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