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KPMG Fakhro GCC Tax News – 01 March 2023

Bahrain

  • National Bureau for Revenue (NBR) announces expansion of Digital Stamps Scheme to additional tobacco
    products
  • Customs agent sentenced to 5 years imprisonment for tax evasion
  • KPMG Tax Seminar on UAE corporate income tax (CIT) and e-invoicing

Kingdom of Saudi Arabia (KSA)

  • Zakat, Tax and Customs Authority (ZATCA) approves amendments to Excise Regulations
  • KSA and Pakistan sign agreement for customs cooperation

United Arab Emirates (UAE)

  • Federal Tax Authority (FTA) to host Masakani virtual workshop
  • FTA publishes Ministerial Decision and VAT Public Clarification regarding electronic commerce supplies

Source: KPMG

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