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Transfer Pricing Middle East
UAE introduces Country-by-Country Reporting rules
The UAE formalizing CbCR rules is an important development – one which sends a strong signal to the international tax community about the UAE’s commitment to adopt new legislation to combat BEPS. We have created a document with our views.
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Bahrain Exchange of Information OECD peer review
On 15 October 2018, the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes released the second round peer review reports assessing compliance with the international standards on tax transparency and exchange of information upon request for seven jurisdictions, including Bahrain.
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Qatar implements CbC legislation
On 9 September 2018, Qatar published in its official gazette Ministry of Finance Decision No. 21, which implements country-by-country (CbC) reporting legislation.