Given the uproar that accompanied the imposition of a 1% training levy tax on Bahrainis and 3% tax on expatriates (with a maximum of BD40 per month), I'm guessing that Dr. Essam Fakhro's (Chairman of the Bahrain Chamber of Commerce and Industry) popularity is in for a dip after his speech to the Australian Business Group at the Ritz.
Other signs of taxes - though it appears only on business/investment - are also on the horizon. Bahrain currently has a corporate income tax only on oil companies. More details on Bahrain's tax regime here.
Paging Dr. Hazem Beblawi.
For more on the rentier state.
And of course the classic.
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