The stage 1 peer review assessments for Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Trinidad and Tobago, Saint Kitts and Nevis, Thailand, United Arab Emirates and Viet Nam evaluate the efforts made by each jurisdiction to implement the Action 14 minimum standard of the OECD/G20 BEPS Project, which aims to improve the resolution of tax-related disputes between jurisdictions.
Bahrain has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 95th jurisdiction to join the Convention, which now covers over 1,700 bilateral tax treaties.
Bahrain has become the 115th jurisdiction to join the Inclusive Framework on BEPS (“IF”). The IF was established in January 2016, after the G20 Leaders urged the timely implementation of the BEPS package released in October 2015 and called on the OECD to develop a more inclusive framework with the involvement of interested non-G20 countries and jurisdictions, including developing economies.
La OCDE y el Foro Global sobre la Transparencia e Intercambio de Información con Fines Fiscales han anunciado hoy que Bahrein, Líbano, Nauru, Panamá y Vanuatu han asumido el compromiso de intercambiar automáticamente información de cuentas financieras con otros países.
Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.
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Read the speech by OECD Deputy Secretary General, Aart de Geus, during the opening session of the 10th International Entrepreneurship Forum, held in Bahrain on 9-11 January 2011.
Double Taxation Convention Signed by the Governments of Bahrain and Mexico