Bahrain
A. Progress in the implementation of the minimum standard
Bahrain has 44 tax agreements in force, as reported in its response to the Peer Review questionnaire.
Bahrain signed the MLI in 2020, listing its non-compliant bilateral agreements.
Bahrain further indicated that bilateral negotiations would be used with respect to several agreements.1
Bahrain is implementing the minimum standard through the inclusion of the preamble statement and the PPT.2
The agreements that will be modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect.
B. Implementation issues
Bahrain’s listed agreements under the MLI will start to be compliant after Bahrain’s ratification of the MLI. Bahrain is encouraged to ratify the MLI as soon as possible.
Notes
← 1. On 23 November 2019, Bahrain signed an agreement with Switzerland. The agreement is compliant with the minimum standard both has not yet been ratified.
← 2. For its agreements listed under the MLI, Bahrain is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).