The Bahrain National Bureau of Revenue (NBR) has released guidance on the computation of market value associated with related party transactions for VAT calculations. As per Article 22 of the VAT Law and Article of 24 of the Executive Regulations, if the value of supply is lower than the market value in a transaction between […]
The post Bahrain Releases Guidance on Market Value Computation Associated with Related Party Transactions appeared first on Taxscan | Simplifying Tax Laws.
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