Back in June 2016, the Gulf Cooperation Council (GCC) took a critical step when it enforced regulations to launch the process of implementing its VAT regime across the six countries that form the GCC; namely, the United Arab Emirates (UAE), the Kingdom of Saudi Arabia, the Sultanate of Oman, Qatar, Kuwait, and the Kingdom of Bahrain. The implementation was based on the Common VAT Agreement signed by all six states.
Source SNI
