Executive summaryOn 22 December 2019, Bahrain signed the Multilateral Competent Authority Agreement for Country-by-Country Reporting (CbCR MCAA). The CbCR MCAA is a multilateral framework agreement that provides a standardized and efficient mechanism to facilitate the bilateral automatic exchange of Country-by-Country (CbC) reports. Bahrain can now be expected to introduce a domestic legal framework for CbCR.Detailed discussionAs a member jurisdiction of the Inclusive Framework of the Organisation for Economic Co-operation and Development (OECD)/G20 Base Erosion and Profit Shifting (BEPS) project, Bahrain has committed to implementing the four minimum standards of the BEPS Action Plan, one of which is CbCR under BEPS...