The computation and payment of all amounts determined in accordance with the provisions of this Law shall be made in Bahraini Dinar, unless otherwise specified by the provisions of this Law.
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July 11, 2026
Article 24 stipulates that all tax computations and payments under Decree-Law No. 11 of 2024 must be conducted in Bahraini Dinars (BHD), unless specifically stated otherwise. This requirement applies to all amounts determined for DMTT purposes. The Executive Regulations will prescribe the necessary rules for currency conversion, including the methodology and specific rates to be used when converting financial data from foreign currencies into the local currency. This ensures uniformity in tax reporting and prevents discrepancies arising from exchange rate fluctuations during the calculation of the 15% top-up tax for multinational groups.
Chapter 4 - Tax Procedures and Obligations
Article 24 - Currency
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