Sunday 21 September 2014
 
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Taxation

G20 backs key corporate taxation reforms

The G20 backed a "fundamental" rethink of the rules on taxing multinational corporations on Friday, taking aim at loopholes used by companies such as Apple and Google to avoid billions of dollars in taxes. The group of l

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Bahrain-Denmark taxation deal approved

A controversial mutual taxation agreement between Bahrain and Denmark has been given the green light by the Shura Council. Councillors blocked the deal two months ago in retaliation at the country's so-called failure to take action against

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Bahrain signs more taxation agreements

Three more Nordic countries now have mutual taxation agreements with Bahrain after the Shura Council yesterday gave the government green light to sign them. The Faroe Islands, Finland and Greenland will be added to deals that are already i

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Seminar to probe cloud computing, taxation

The Bahrain Chapter of the Institute of Chartered Accountants of India (BCICAI) is organising a seminar on 'International Taxation and Cloud Computing' on Saturday from 6pm to 9pm at the Hotel Diva in Juffair. International taxatio

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Bahrain 'poised to lead regional growth'

Bahrain could lead the way in stimulating growth across the region by introducing taxation and offering expats residency. The region's economy has come out of the slowdown and will now post annual growth of around 4.5 per cent, well ah

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Kuwait, Cyprus eye mutual investment prospects

Kuwait and Cyprus said on Tuesday they would explore reciprocal investment opportunities, such as in energy and services, as they signed a deal to avoid double taxation of companies operating in the two countries. 'We think that there

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Taxation 'best way to curb inflation'

I find it very pleasing that Bahrain's MPs have declared war on inflation because, for too long, there seems to have been an idea that the kingdom was almost unique in avoiding inflationary pressures. It may not have seen the kind of price

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