Organisation for Economic Co-operation and Development (OECD)

Bahrain to impose 15% profit tax on large multinational firms

Bahrain to impose 15% profit tax on large multinational firms

  • New tax framework is effective from Jan. 1 and aligns with OECD guidelines
  • Law will apply exclusively to MNEs with global revenues exceeding $830 million
By NOUR EL-SHAERI    ·