Bahrain's parliament has approved the implementation of value added tax (VAT), at the rate of five per cent, effective from January 1, 2019, media reports said.
Lawmakers on Sunday voted on VAT implementation behind closed doors during an extraordinary session.
Bahrain joins Saudi Arabia and the UAE, who implemented VAT on goods and services from January this year.
The government expects a revenue of about BD600 million ($1,596 million) from VAT implementation.
