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Bahrain Lower House Approves Draft Law for Selective Excise Tax

|Proposed Changes|Bahrain
Bahrain

Bahrain's Council of Representatives (lower house of parliament) has announced its approval of the draft law for the ratification of Gulf Cooperation Council (GCC) Unified Selective Excise Tax, as well as the draft law for the implementation of the Selective Excise Tax in Bahrain. The tax will be levied on goods deemed harmful to health, including tobacco products, energy drinks, and carbonate…

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