Bahrain announced on Sunday a new 15 percent domestic minimum top-up tax for large multinational companies. The tax, which aligns with Organization for Economic Co-operation and Development (OECD) guidelines, will be effective from January 1 next year, the Bahrain News Agency reported. It will apply to multinational enterprises with global revenues exceeding 750 million euros … Continue reading Bahrain increases corporate tax for MNCs by 15%
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