An Agreement between Canada and Bahrain for the exchange of information on tax matters which was signed on June 4, 2013 it was ratified by Bahrain on February 4, 2014.
The Agreement provides for the mutual exchange of tax information that is possessed by, or accessible to, the taxation authorities of either jurisdiction (in the case of Canada, the Canada Revenue Agency), in order to better administer and enforce taxation laws and to prevent international fiscal evasion. The Agreement is based on the Organization for Economic Cooperation and Development’s internationally agreed standard on the exchange of tax information.