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VAT treatment for director services

VAT treatment for director services

Businesses need to record and report VAT obligations.

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Partner, Head of Tax and Corporate Services

KPMG in Bahrain

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Upon the implementation of Value-added Tax (VAT) in Bahrain, businesses within annual supplies threshold of USD 100,000 will need to record and report VAT obligations as well as refund entitlements to the competent tax authority. This include independent board members of large companies.

To learn more, read this publication.

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