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Tag: tax

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September 2, 20240

Bahrain Introduces 15% Minimum Tax for Multinational Companies Starting 2025

Bahrain just announced a Domestic Minimum Top-up Tax (DMTT) for Multinational Enterprises (MNEs). As per Decree Law (11) of 2024, it's kicking off on

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January 29, 20240

Bahrain’s Shura Council Rejects Proposal to Apply 2% Tax on Cash Transfers by Expats

The Shura Council rejected a proposal put forth by the Bahraini Parliament to impose a 2% tax on foreign financial transfers for expats during its se

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December 31, 20230

Mps in Bahrain Propose a 2% Tax on Cash Transfers by Expats Outside the Kingdom

Despite reservations from the government, Bahrain's Parliament's Financial and Economic Affairs Committee pushed ahead with a bill proposing a 2% tax

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