21 May 2018

Bahrain and the UAE join BEPS Inclusive Framework

The Organisation for Economic Co-operation and Development (OECD) announced on May 11 and May 16, that Bahrain and the United Arab Emirates (UAE), respectively, have joined the Base Erosion and Profit Shifting (BEPS) Inclusive Framework (BEPS IF). This brings the total number of countries and jurisdictions participating in the BEPS plan to 116.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Document ID: 2018-1057