Insights
Impact of COVID19 on Tax in the Middle East
Monotoring the situation
In response to the COVID19 crisis, various countries are announcing certain measures to be taken towards this crisis. These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.
With times of uncertainty such as today, Deloitte is determined to guide and serve you through them. Below are the initiatives Deloitte is taking.
2 April |
Government temporarily exempts 905 items from customs duties in response to COVID-19 |
30 March Bahrain |
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30 March UAE |
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26 March UAE |
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21 March KSA |
Deadlines extended due to COVID19 for filing tax returns and paying taxes |
Indirect Tax implications of COVID-19 in the GCC
This webinar explored VAT treatment of staff and remote working and medical goods and services, quarantine and cancellations’ impact on VAT payments and recovery, Customs, and the tax measurements taken by authorities. To access the recording, please follow this link.