Bahrain
A. Progress in the implementation of the minimum standard
Bahrain has 44 tax agreements in force,1 as reported in its response to the Peer Review questionnaire. None of those agreements comply with the minimum standard.
Bahrain signed the MLI in 2020 and listed its non-compliant agreements. The agreements modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect.
Bahrain indicated in its response to the Peer Review questionnaire that steps have been taken (other than under the MLI) to implement the minimum standard in its agreements with Austria and Bermuda.
Bahrain is implementing the minimum standard through the inclusion of the preamble statement and the PPT.2
← 1. Bahrain has also concluded an agreement with Switzerland, which entered into force on 27 July 2021. Therefore, as of that date, Bahrain has 45 tax agreements in force. The agreement with Switzerland complies with the minimum standard.
← 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).