Parliament panel flags issues in corporate tax bill
TDT | Manama
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Parliament’s Legislative and Legal Affairs Committee raised constitutional concerns over a draft law introducing corporate income tax while approving the legality of several other legislative proposals.
The committee, chaired by Mahmood Mirza Fardan, reviewed several draft laws and proposals as part of its ongoing oversight of legislative compliance with the Constitution.
Members found a potential constitutional issue in the draft corporate income tax law and business activities framework submitted under royal decree, which placed it under further scrutiny.
In contrast, the committee approved the constitutionality of a proposal to amend Article 104(b) of the private sector Labour Law.
It also endorsed a proposal to introduce a new Article 7 bis to the Judicial Authority Law, referring it to the Financial and Economic Affairs Committee for further review before submission to the Bureau of the Council of Representatives.
Under supplementary items, the committee approved amendments to the law regulating industrial areas and a draft law ratifying changes to the GCC unified excise tax agreement.
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