Deputy King Issues Four Laws

His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy of His Majesty the King and Crown Prince, today issued Law 37 for this year, ratifying the Protocol amending the Bahrain-Malaysia Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income signed between the two sides in Manama on October 14, 2010. In another Law, the Deputy King approved the Framework Agreement on Economic Cooperation signed in Brasilia on May 10 by the GCC states and Mercosur Trading Group.

In Law 39, the Deputy King ratified the Bahraini-Mexican Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income signed in Washington in October, 2010 and its accompanying protocol. HRH Deputy King also issued Law 40, endorsing the protocol and Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income signed in Washington by the government of Bahrain and Seychelles in April, 2010.