OrbitaxBahrain Ratifies Tax Treaty with Hungary
|Treaty Development|Bahrain-Hungary
On 12 April 2015, Bahraini King Hamad bin Isa Al Khalifa signed the law ratifying the pending income tax treaty with Hungary. The treaty, signed 24 February 2014, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Bahraini income tax, and Hungarian income tax and corporate tax.
Withholding Tax Rates
- Dividends - 0% if the beneficial owner is a company, othe…
