Bahrain Signs Foreign Account Tax Compliance Act Implementation Agreement with USA
Type
E-journal
Date
23 Jan 2017
Jurisdiction
Bahrain, USA
Taxonomy
Treaties & International Agreements, General Tax Law, International Tax
Copyright
LexisNexis
Analysis
Bahrain's Finance Ministry has signed an agreement with the US Ambassador to the Kingdom, William Roebuck.
The agreement will implement the Foreign Account Tax Compliance Act (FATCA) in the country and means financial institutions will have to comply with its provisions.
It was signed for Bahrain by the Finance Minister, HE Shaikh Ahmed bin Mohammed Al Khalifa.