Bahrain: Cabinet approves tax treaty with Egypt
The Bahrain Cabinet has approved the law for the ratification of the new income tax treaty on 22th January 2018, with Egypt for the avoidance of double taxation. The treaty was signed 26 April 2016, will enter into force after the ratification
See MoreBahrain: Cabinet approves draft law regarding excise tax
The Cabinet approved a draft-law on ratifying the Gulf Cooperation Council (GCC) unified selective excise tax on unhealthy drinks on 16th October 2017. The Cabinet has endorsed an excise tax bill that would impose a 100% tax on tobacco products,
See MoreMorocco ratifies amended DTA protocol with Bahrain
On 30 August 2017, Morocco has ratified the amending protocol of Double Taxation Agreement (DTA) with Bahrain and that was signed on 22 April
See MorePakistan: Cabinet approves signature of protocol to tax treaty with Bahrain
The federal cabinet on 7 September 2017, has approved the signing of an amending protocol to the 2005 income tax treaty with Bahrain for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on
See MoreMorocco: Chamber of Representatives approves DTA with Bahrain
On July 24, 2017, the Chamber of Representatives of Morocco approved the Double Taxation Agreement (DTA) with
See MoreMorocco: Council of Ministers approve protocol to DTA with Bahrain
The amending protocol of the Income Tax Agreement between Morocco and Bahrain was approved on 25th of June 2017 by the Moroccan Council of Ministers. This treaty was signed on 22nd of April
See MoreBangladesh approves DTA with Bahrain
On 19 June 2017, the cabinet of Bangladesh approved the Double Taxation Agreement (DTA) with Bahrain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreDTA between Philippines and Bahrain approves
The Council of Ministers of Bahrain approved the amending protocol of Double Taxation Agreement (DTA) with Philippines on 22 May
See MoreMorocco approves the amending DTA protocol with Bahrain
The Council of government of Morocco approved the amending protocol of Double Taxation Agreement (DTA) on 25th of May 2017 with
See MoreProtocol of DTA between Bahrain and Thailand signed
Bahrain and Thailand has signed an amending protocol of Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income in Manama on 25 April
See MoreUK: Economic relationship with GCC through PPP
On 19 April 2017, Dr Liam Fox, the International Trade Secretary of UK opened the UK-GCC Public Private Partnership (PPP) conference to show how UK expertise can maximize the innovation of both public and private sectors to transform their
See MoreBahrain ratifies DTA with Bangladesh
On 21 March 2017, Bahrain ratified the Double Taxation Agreement (DTA) with Bangladesh for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, by way of Law No.
See MoreBahrain-GCC: VAT Framework Agreement signed by Bahraini Finance Minister
The Gulf Cooperation Council (GCC) VAT Framework Agreement has been signed by the Bahraini Finance Minister on 1st February 2017. This agreement imposes 5% VAT on the supply of in the GCC region. But this rate will be not applicable on particular
See MoreBahrain-GCC: Excise Taxes Framework Agreement signed by Bahraini Finance Minister
The Gulf Cooperation Council (GCC) Excise Taxes Framework Agreement has been signed by the Bahraini Finance Minister on 1st February 2017. Bahrain is planning to introduce Excise Tax by mid-2017. The excise levies will be 50% on soft drinks and a
See MoreThe 9th Round of China-GCC FTA Negotiation Concluded
On December 19 to 21, the 9th Round of China-GCC Free Trade Agreement (FTA) negotiation was held in Riyadh, Saudi Arabia. Wang Shouwen, Vice Chinese Minister of Commerce and Al-Bazai, General Coordinator for GCC FTA Negotiations and the Vice
See MoreBahrain- Egypt: Egyptian parliament approves treaty between Bahrain and Egypt
The Egyptian parliament permitted the Bahrain - Egypt Income Tax Treaty of 2016 on 15 November 2016 and the new treaty will replace the Bahrain - Egypt Income Tax Treaty of
See MoreIMF report comments on economic situation of Bahrain
The IMF issued a report on 26 April 2016 following consultations with Bahrain under Article IV of its articles of agreement. Bahrain has been affected by the decline in oil prices and the fiscal deficit is projected to remain high over the medium
See MoreBahrain: IMF report comments on economic position
A statement issued by the IMF at the conclusion of consultations with Bahrain under Article IV of the IMF articles of agreement comments on the economic position. The low oil prices have lowered exports and fiscal revenues. Economic growth
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