Tax treatment of land reclamation and development projects in Bahrain

20 Dec, 2020

Facts of the case:

Company A, resident and taxpayer in Bahrain is involved in the business of land reclamation, development and onward sale to the end customer. As part of the development project, Company A reclaims land from the sea, constructs roads and sewage infrastructure, installs electricity substations and performs other development activities before selling the developed land to the end customers. The Company hires multiple contractors and sub-contractors who carry out the land reclamation and development projects.

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