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KPMG Fakhro GCC Tax News – 06 April 2023

Bahrain

  • National Bureau for Revenue (NBR) re-enables 5% field in VAT return and requests taxpayers to amend January and February 2023 returns
  • New directors appointed at NBR

Kingdom of Saudi Arabia (KSA)

  • Zakat, Tax and Customs Authority (ZATCA) establishes advisory committee

United Arab Emirates (UAE)

  • Federal Tax Authority (FTA) conducts workshop on reconsideration requests
  • Dubai Customs (DC) extends import duty increase on rebar and wire rod
  • Free Trade Agreement between UAE and Israel enters into force

Source: KPMG

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