- Bahraini court rules against individuals and companies for tax evasion
- Five individuals and two companies ordered to pay over BHD 1 million
- Court sentences range from 2 to 3 years of imprisonment for the defendants
- Cases involve suspected VAT evasion
Source: assets.kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Bahrain"
- MP Proposes VAT-Free Zone Near Khalifa Port to Boost Re-Export and Ease SME Cash Flow
- Bahrain Parliament to Debate VAT Exemption for Social and Youth Associations
- Two Indian Expats Face Trial for BD300,000 VAT Refund Fraud on Luxury Watches in Bahrain
- Bahrain Revises VAT Registration and Transportation Guides
- Bahrain Releases Updated VAT Registration Guide by National Bureau for Revenue
