OrbitaxUpdate - Tax Treaty between Bahrain and Portugal Signed
|Treaty Development|Bahrain-Portugal
On 26 May 2015, officials from Bahrain and Portugal signed an income tax treaty. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Bahrain income tax payable under Amiri Decree No. 22/1979, and Portuguese personal income tax, corporate income tax and surtaxes on corporate income tax.
Hydrocarbon PE
The treaty includes the provision that a perma…
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