Bahrain

Corporate - Other issues

Last reviewed - 16 August 2020

Intergovernmental agreements (IGAs)

On 23 January 2017, the United States and Bahrain entered into a Model 1 Foreign Account Tax Compliance Act (FATCA) IGA. The United States and Bahrain had previously agreed in substance to an FATCA IGA with effect as of 30 June 2014.

On 29 June 2017, Bahrain signed the Common Reporting Standard (CRS) Multilateral Competent Authority Agreement (MCAA) and has committed to make its first exchange of information for CRS purposes by September 2018.