“Legal proceedings are underway against the violating establishments and those who are found guilty of tax evasion can be jailed for five years and fined three times the amount evaded.”
Source: zawya.com
Latest Posts in "Bahrain"
- Bahrain Updates Imports and Exports VAT Guide, Adds Section on VAT Deposits
- VAT Refund Process in Bahrain for Foreign Businesses: Eligibility, Expenses, and Application Guide
- National Bureau for Revenue Updates VAT Guides on Manpower, Real Estate, and Financial Services
- Parliament to Debate VAT Exemption for Low-Income Bahrainis Earning Under BD600 Monthly
- Bahrain’s VAT Policy Praised for Transparency, Clarity, and Ongoing Taxpayer Engagement
