30 August 2012
The protocol to the avoidance of double taxation (DTA) agreement between Singapore and Bahrain will take effect from 29 September 2012.
Signed on 14 October 2009, the protocol will allow the tax authorities of both countries to exchange information that is foreseeably relevant to the correct application of a tax convention as well as for purposes of the administration and enforcement of domestic tax laws of the contracting states. A state cannot refuse a request for information solely because it has no domestic tax interest in the information or solely because it is held by a bank or other financial institution.
The original bilateral agreement was concluded on 18 February 2004.
Source: Inland Revenue Authority of Singapore (IRAS)