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GCC Tax News KPMG

Bahrain

  • Bahrain’s foreign trade statistics for August 2022 released
  • Central Bank of Bahrain (CBB) releases Point of Sale (POS) and e-Payment statistics for August 2022
  • National Bureau for Revenue (NBR) to host VAT awareness workshop

Kingdom of Saudi Arabia (KSA)

  • ZATCA publishes VAT guide for electronic contracts
  • ZATCA publishes proposed changes to VAT regulations

United Arab Emirates (UAE)

  • Federal Tax Authority (FTA) launches Muwafaq platform for small and medium enterprises (SMEs)
  • FTA and Planet launch digital VAT tourist refund process

Source: KPMG

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