- Bahrain provides clarification on VAT for raffle prizes Raffle prizes are subject to VAT VAT applies to the full value of the prize Businesses must account for VAT when offering raffle prizes Guidance aims to ensure compliance with VAT regulations
Source: research.ibfd.org
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.
