Global Forum on Transparency and Exchange of Information for Tax Purposes: Bahrain 2018 (Second Round)
Peer Review Report on the Exchange of Information on Request
This report contains the 2018 Peer Review Report on the Exchange of Information on Request of Bahrain.
Published on October 15, 2018
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Bahrain has expanded its tax information exchange network by ratifying the multilateral Convention on Mutual Administrative Assistance in Tax Matters, which entered into force in September 2018, and can therefore anticipate receive more requests in future.
Bahrain received a recommendation to ensure that up-to-date beneficial ownership information is available for all partnerships as a result of the strengthening of the international standard in 2016.
Bahrain had not received any requests for information at the time of its 2013 reviews. In the new review period a few requests were made to Bahrain, which demonstrated that its organisational processes allowed for timely responses to partners’ requests.