Related Party Transactions For VAT In Bahrain

The Kingdom of Bahrain under Decree-Law Number 48 of 2018 (Decree-Law) is the pivotal legislation with regards to Value Added Tax (VAT) in Bahrain. Further, the Executive Regulations Number 12 of 2018 (Executive Regulations) are the elaborate rules with respect to the application of the VAT Law. With regards to the related party transactions, Article 22 of the Decree-Law as well as Article 24 of the Executive Regulations, lays down the rule that on the supply between two or more related...

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