According to recent reports, the Bahrain government is considering the introduction of a corporate income tax regime in response to the Pillar 2 global minimum tax. Bahrain currently has no income tax and, as such, MNE groups operating in the country will end up being taxed in other jurisdictions that have introduced Pillar 2 rules. Considering this, a corporate income tax regime would be introduced with effect from 1 January 2024 for in-scope MNE groups, which generally includes those with a…