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Can I read Bahrain Tax Law for Multinational Enterprises on EtoBox?
Bahrain Tax Law for Multinational Enterprises by shinymascarenhas11 is a document available to read on EtoBox.
What is Bahrain Tax Law for Multinational Enterprises about?
Decree-Law No. (11) of 2024 establishes a tax framework for multinational enterprises in Bahrain, imposing a minimum tax rate of 15% on taxable income for entities meeting specific revenue thresholds. It outlines definitions, objectives, and the scope of the tax, including exemptions for certain entities. The law aims to align with OECD guidelines to prevent profit shifting and ensure compliance among multinational groups operating in the Kingdom.
- Author
- shinymascarenhas11
- Language
- EN