Bahrain has 45 tax agreements in force, as reported in its response to the Peer Review questionnaire. One of those agreements, the agreement with Switzerland, complies with the minimum standard.
Bahrain signed the MLI in 2020 and deposited its instrument of ratification on 23 February 2022, listing all its agreements. The MLI entered into force for Bahrain on 1 June 2022. The agreements modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect.
Bahrain indicated in its response to the Peer Review questionnaire that steps have also been taken (other than under the MLI) to implement the minimum standard in its agreements with Austria and Bermuda.
Bahrain is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1