According to an update from the Bahrain Ministry of Finance, the new income tax treaty with Egypt entered into force on 1 August 2018. The treaty, signed 26 April 2016, replaces the 1997 tax treaty between the two countries. Taxes Covered The treaty covers Bahrain income tax payable under Amiri Decree No. 22/1979, and covers Egyptian individual income tax, corporate income tax, withholding tax, and any supplementary taxes. Permanent Establishment The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise carries on activities for the exploration or extraction of crude oil or other natural...