Bahrain’s Parliament Approves Draft VAT Law: BNA Agency

Bahrain’s Parliament Approves Draft VAT Law: BNA Agency
Bahraini woman walks through local market in Manama, Bahrain, on Aug. 19, 2018. REUTERS/Hamad I Mohammed
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DUBAI—Bahraini legislators approved a draft law on Oct. 7 that would see value-added tax (VAT) imposed for the first time in the kingdom, state news agency BNA reported.

The House of Representatives approved a Gulf Arab agreement to introduce VAT after a royal decree ordered parliament to hold an extraordinary session on Oct. 7, BNA reported, without giving details of the vote.