The Gulf Cooperation Council (“GCC”) Member States signed an agreement in 2016 setting the tremendous task to introduce VAT throughout the GCC. To date, four Member States have introduced VAT: the United Arab Emirates, the Kingdom of Saudi Arabia, Bahrain and most recently Oman.
“Fundamentals of GCC VAT Law is the first book of its kind and provides the reader with an understanding of the workings of GCC VAT. It aims to give the reader an insight into the systematics, functioning and the principles of the GCC VAT systems as well as the implementation by the Member States.”
More information can be found here: www.tecklenborgh.com.
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