VAT news tagged as "International VAT"

Bahrain

Bahrain VAT launch by end of 2018

February 23rd, 2018

The Bahraini Finance Minister has confirmed the Gulf state’s plan to launch a 5% VAT regime before the end of 2018. The implementation date could be 1 October 2018.  “We’ll be working with parliament on VAT and aim to have everything set up by the end of 2018,” Sheikh Ahmed said. Bahrain, along with Kuwait, …


Worldwide

International VAT for dummies

October 23rd, 2017

You can’t do business across the European Union and much of the world without dealing with VAT. It’s a legal requirement in the majority of places your organisation wants to be. And like pretty much every tax, it can be a pain to deal with. The fact is, business systems typically don’t manage the idiosyncrasies …


Kenya

Kenya proposes full 16% VAT on books

July 13th, 2013

In an attempt to expand tax revenues, the Kenyan government has proposed imposing full VAT on books and other stationery supplies.  The current Kenyan VAT rate is 16%. The new proposals also include raising consumer energy supplies from the reduced 12% rate to 16%, too.