Bahrain News

OECD Completes Phase One BEPS Action 14 Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Monday, February 22, 2021

Switzerland To Add Anti-BEPS Provisions To Two Treaties
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 9, 2020
On August 26, 2020, the Swiss Federal Council ratified a new double taxation agreement with Bahrain and a Protocol to revise its DTA with Kuwait. Read Full Story

Saudi Arabia To Treble VAT Rate To 15pc In Response To COVID-19
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, May 15, 2020
Saudi Arabia has announced its decision to increase its headline value-added tax rate to 15 percent from five percent, in a surprise break from the Gulf Cooperation Council's harmonized value-added tax framework. Read Full Story

Netherlands Adds To Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 31, 2019
Barbados and Turkmenistan have been added to the Netherlands' list of low-tax jurisdictions for the purposes of enforcing certain anti-tax avoidance rules, the Dutch Ministry of Finance announced on December 30, 2019. Read Full Story

Switzerland, Bahrain Sign DTA
by Ulrika Lomas, Tax-News.com, Brussels
Monday, December 2, 2019
On November 25, 2019, Switzerland and Bahrain signed a double tax agreement that caps maximum withholding tax rates and provides for the exchange of information. Read Full Story

Caribbean Territories To Undergo Dispute Resolution BEPS Peer Review
by Jason Gorringe, Tax-News.com, London
Tuesday, December 31, 2019
The OECD has launched a review of dispute resolution mechanisms in place in Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Saint Kitts and Nevis, Thailand, Trinidad and Tobago, the United Arab Emirates, and Vietnam, as part of follow-up work under BEPS Action Plan Action 14. Read Full Story

OECD Seeks Input On 13 New Dispute Resolution Peer Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Monday, November 25, 2019
The OECD is seeking input from taxpayers on dispute resolution mechanisms in place in Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Saint Kitts and Nevis, Thailand, Trinidad and Tobago, the United Arab Emirates, and Vietnam, as part of follow-up work under BEPS Action Plan Action 14. Read Full Story

New Zealand Tops World Bank's 'Doing Business' 2020
by Mary Swire, Tax-News.com, Hong Kong
Friday, November 8, 2019
New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world. Read Full Story

Netherlands Begins Consultation On Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Friday, October 11, 2019
On October 7, 2019, the Dutch Government announced the launch of a consultation on the 2020 edition of the list of low-tax jurisdictions for the purposes of enforcing existing and forthcoming anti-avoidance legislation intended to tackle base erosion and profit shifting. Read Full Story

Oman Says VAT Not On The Backburner
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, August 8, 2019
Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay. Read Full Story
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