New unified system paves way for excise tax reform


Bahrain is set to adopt major changes to how excise or ‘sin’ taxes are calculated, after Gulf states agreed on a new unified system aimed at tightening enforcement and protecting public health.

Parliament will debate and vote on an urgent legislation to ratify amendments to the Unified Selective Tax Agreement on Tuesday.

The draft law was forwarded to MPs by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.

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