Details of the Bahrain - United Kingdom Income Tax Treaty (2010) (the Treaty), signed on 10 March 2010, have become available. The Treaty was concluded in the Arabic and English languages, both texts being equally authentic. In the case of divergence of interpretation, however, the English text prevails. The Treaty generally follows the OECD Model (2008).
The maximum rates of withholding tax are as follows:
| - | 15% on dividends beneficially … |