Tag: Bahrain
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Country-by-Country Reporting (CbCR) Regulation in Bahrain
Bahrain has introduced Country-by-Country Reporting (CbCR) regulations in alignment with OECD BEPS Action 13 and its commitment to international tax transparency. The Ministry of Industry and Commerce (MOIC) is the regulatory authority overseeing CbCR compliance in Bahrain, ensuring that multinational enterprises (MNEs) meet their reporting obligations. This guide provides CFOs and tax professionals with a…
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How CbC reporting is presented in Bahrain
Bahrain is another country that has implemented Country-by-Country (CbC) reporting requirements to increase tax transparency and combat tax avoidance by multinational corporations (MNCs). The CbC reporting rules in Bahrain were introduced in 2018 as part of the country’s commitment to implementing international tax standards. Under the Bahrain CbC reporting rules, MNCs with consolidated group revenue…
CbC Reporting 