On 3 March 2024, officials from Bahrain and Hong Kong signed an income tax treaty. The treaty is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Bahrain income tax payable under Amiri Decree No. 22/1979. It covers Hong Kong profits tax, salaries tax, and property tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services through employees or other engaged personnel if the activities continue for the same or connected project within a Contracting Party for a period or periods aggregating more than...