Gulf Cooperation Council

20 May 2024 in

GCC VAT

Emir disolves Parliament; may open path to implement VAT The Kuwaiti National Assembly has been dissolved by the Emir amidst legislative deadlock and disputes between the parliament and government cabinet. This includes tax reform, and the imposition of a Value Added Tax regime, to help

Qatar VAT implementation – 2025 potential

15 April 2023 in

Gulf Cooperation Council

Gulf state unclear when to join 4 other Gulf states by introducing 5% The Qatari Prime Minister on 13 April 2023 has said no date has been set yet for the implementation of VAT. Qatar is progressing plans to introduce a 5% VAT regime, but it

Kuwait may abandon 2023 VAT implementation

3 April 2022 in

GCC VAT

Inflation worries and $100 barrel oil price recovery could mean switch to limited excise tax Kuwait may alter plans to introduce VAT as inflation hit 10-year highs of nearly 5%, with fear that an increase in prices from the introduction of the consumption tax would

Qatar prepares for 5% VAT implementation 2022?

26 January 2022 in

Gulf Cooperation Council

Legislation and IT being readied for state to join Gulf Cooperation Council VAT union The Gulf state of Qatar is making preparations for the introduction of Value Added Tax, with potential 2022 launch. This includes: A recent update of the tax authorities IT backbone Draft

Tag: Gulf Cooperation Council

Kuwait VAT implementation update

Qatar VAT implementation – 2025 potential

Kuwait may abandon 2023 VAT implementation

Qatar prepares for 5% VAT implementation 2022?

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