Bahrain to impose corporate tax
Why on earth? We have been so blessed for so long and were envied by the whole world... and now we need to follow suit! Can’t we at least benefit from something?
@princesspaola62
Actually, if you tax corporations you will get more money, and won’t need VAT or to tax individuals.
@sarasoraroxas
The government needs to find ways to make more money, right? They also have to pay the very high salaries of their employees and/or advisers. Many business owners are living better with more fancy things. Why would other richer or wealthy folk want the next human to also enjoy the same more pricey life? Yes. It’s the way they can control. But if you are stubborn and maybe strong. You will carry on your business even otherwise or just give up. Leave here and go where it is cheaper.
@ddrums05
And here comes the downfall of Bahrain as companies will no longer need to be here and close up and leave.
@chickadee1975
@chickadee1975 Specially with Saudi insisting on Riyadh head offices if companies want to do business in Saudi. ‘Business-friendly Bahrain’ is over!
@justba66a
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