Bahrain Considering Corporate Income Tax for MNE Groups Subject to Pillar 2 Global Minimum Tax
According to recent reports, the Bahrain government is considering the introduction of a corporate income tax regime in response to the Pillar 2 global minimum tax. Bahrain currently has no income tax and, as such, MNE groups operating in the country will end up being taxed in other jurisdictions that have introduced Pillar 2 rules. Considering this, a corporate income tax regime would be intro…
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