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Tag: <span>Bahrain</span>

GCC Will growth rate continue to Decline

GCC : Will Growth Rate Continue to Decline?

Introduction Tough days are still on for all six countries of Gulf Cooperation Council (GCC). Various reports and survey including report of World Bank provides for slashing growth rate and tightening of monetary and fiscal policies and increased fiscal deficits. World Bank agrees that the prime reason for this forecast is majorly due to expectation […]

Cyprus – Bahrain Income Tax Treaty Signed

The text of the Income Tax Treaty between Cyprus and Bahrain has become available. In accordance with the treaty, the following withholding taxes will apply: Dividends: 0%. Interest: 0%. Royalties: 0%. The treaty was signed on 9 March 2015 and will come into force after the two countries exchange ratification instruments. The provisions of this […]