Bermuda and Bahrain signed an amending protocol to the 2010 income tax treaty on 17 April 2026 in Washington, D.C., updating the Double Taxation Agreement to align with BEPS standards and strengthen anti-abuse and dispute resolution measures.
The Government of Bermuda has issued a statement confirming that officials from Bahrain and Bermuda signed an amending protocol to the 2010 income tax treaty between the two countries on 17 April 2026.
The Premier and Minister of Finance, the Hon. David Burt, JP, MP, has signed a protocol amending the Double Taxation Agreement (DTA) between the Bermuda and Kingdom of Bahrain.
The protocol was signed on 17 April on the sidelines of the 2026 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington, D.C. The Premier signed on behalf of Bermuda, alongside His Excellency Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy of the Kingdom of Bahrain.
The amendment updates the original agreement, which was signed in 2010 under then Minister of Finance, the Hon. Paula Cox. The Kingdom of Bahrain was the first country with which Bermuda signed a DTA, and the agreement represents the longest-standing relationship Bermuda holds with countries from the Gulf Cooperation Council (GCC).
The updated protocol aligns with the standards of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS), incorporating measures to prevent treaty abuse and strengthen dispute resolution mechanisms.