Bahrain issues domestic minimum top-up-tax legislation

03 September 2024|Tax Alerts, Legislation & Policy, National/Federal Taxation, Global, BEPS 2.0|Bahrain

Bahrain's National Bureau for Revenue has published Decree-Law No. (11) of 2024 regarding the Implementation of Tax on Multinational Enterprises.
Decree Law No. (11) of 2024 introduces a Domestic Minimum Top-Up Tax that will apply to multinational enterprises operating in Bahrain with a consolidated annual revenue exceeding €750m in two of the last four fiscal years.
Businesses should review the provisions of Decree Law No. (11) of 2024 and carry out appropriate impact assessments as applicable.

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