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Bahrain mulls new tax plan for expats

MANAMA, December 7, 2015

New taxes for expats and the private sector could be introduced in Bahrain, in addition to subsidy cuts and other cost-cutting measures, a report said.

That includes proposed new rates for traffic registrations and inspections, fees for expatriate students at government schools and increased rates for unused plots of land, sewage services and road tax.

The idea is being mulled as Bahrain looks to slash public spending and increase revenues against a backdrop of low oil prices, parliament’s financial and economic affairs committee vice-chairman MP Jalal Kadhem told the Gulf Daily News, our sister publication.

To read further, visit GDNonline.


 




Tags: Bahrain | Private sector | Subsidies |

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