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KPMG Fakhro GCC Tax News – 11 October 2023

Bahrain

  • KPMG Tax Seminar on the changing tax landscape in Bahrain and the region
  • National Bureau for Revenue (NBR) conducts 164 inspection visits in September 2023
  • Gulf Co-operation Council (GCC) financial committee discusses tax exemptions
  • Introduction of Carbon Border Adjustment Mechanism (CBAM) regulation for specified goods

Kingdom Saudi Arabia (KSA)

  • Zakat, Tax and Customs Authority (ZATCA) holds fifth meeting of 2023

United Arab Emirates (UAE)

  • FTA issues Public Clarification on application of reverse charge mechanism (RCM) on electronic devices

Source: KPMG Fakhro

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