Minimum 15% tax rate on profits for MNEs with global revenues exceeding 750 million euros, state agency reported
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CAIRO: Bahrain has introduced a Domestic Minimum Top-up Tax (DMTT) for multinational enterprises (MNEs), effective Jan. 1, 2025, its state news agency said on Sunday, ensuring a minimum 15% tax rate on profits for MNEs with global revenues exceeding 750 million euros ($828.23 million). ($1 = 0.9056 euros) (Reporting by Hatem Maher and Adam Makary; Editing by Alex Richardson)
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