Reuters: Bahrain says it will join BEPS Framework to Exit EU's Tax-Haven Blacklist

2017-12-08 - 7:31 p

Bahrain Mirror- reuters: Bahrain will join a group of countries committed to fighting corporate tax avoidance as it seeks to be taken off the European Union's tax-haven blacklist, the Bahraini Ministry of Finance said on Thursday.

"Bahrain will commit to be a member of the Inclusive Framework on BEPS ... " the ministry said in an emailed statement to Reuters, listing a series of steps it had already taken to exchange tax information with other countries.

On Tuesday, EU finance ministers adopted a blacklist of 17 jurisdictions deemed to be tax havens, including Bahrain and the United Arab Emirates, in a step to counter worldwide tax avoidance.

Arabic version


Comments

comments powered by Disqus