- Bahrain’s National Bureau for Revenue updated FAQs on the Domestic Minimum Top-up Tax (DMTT), effective from 1 January 2025.
- The DMTT imposes a 15% minimum tax on large multinational groups with at least EUR 750 million in consolidated revenue.
- The revised FAQs cover scope, in-scope groups, revenue tests, registration, exclusions, compliance, fines, and procedures.
- The NBR also released an updated VAT deregistration manual with step-by-step compliance guidance.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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