Bahrain agrees to sign key accords to avoid EU blacklist | ZAWYA MENA Edition:
"Bahrain has agreed to share financial information of expatriates and foreign companies from the European Union to avoid being blacklisted as a tax haven.
Parliament yesterday voted in favour of two international agreements drafted by the Organisation for Economic Co-operation and Development (OECD) and the G20.
Both agreements, which go hand in hand, focus on administrative assistance and the sharing of information regarding the finances of expatriates and businesses with their countries of origin to ensure they are paying their taxes."
'via Blog this'
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