The Kingdom of Bahrain started applying the value-added tax regime on 1 January 2019 at the basic rate of 5% on all goods and services, except for some zero-rated goods and services (e.g., education sector and medical care services) and VAT-exempt goods, such as dairies, fruits and vegetables.   On Monday, the Council of Ministers in Bahrain announced in their Cabinet session statement the amendment to the value-added tax percentage increase from 5% to 10 %, starting from 1 January 2022. The government’s aim with this procedure is to balance better its expenditures and revenues, which were affected by the...