Bahrain Expands Zero-Rated VAT List with 118 Basic Food Items

• Bahrain has updated its zero-rated VAT list to include 118 basic food items
• This means that these items will not be subject to the value-added tax
• The move is aimed at reducing the financial burden on consumers, especially during the COVID-19 pandemic
• The updated list includes items such as bread, rice, milk, and vegetables
• This is part of Bahrain’s efforts to support its citizens and ensure access to essential goods

Source:

• research.ibfd.org
• assets.kpmg.com

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.