Bermuda Signs DTA Amendment with Bahrain, Premier Burt
Summary
Premier David Burt signed a protocol amending the Double Taxation Agreement between Bermuda and the Kingdom of Bahrain on April 17, 2026, on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C. The amendment updates the 2010 DTA — the first and longest-standing DTA Bermuda holds with a Gulf Cooperation Council country — to align with the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) standards, incorporating treaty abuse prevention measures and strengthened dispute resolution mechanisms. Businesses operating cross-border between Bermuda and Bahrain should review the updated treaty provisions as they take effect.
“The updated protocol aligns with the standards of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS), incorporating measures to prevent treaty abuse and strengthen dispute resolution mechanisms.”
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What changed
The Government of Bermuda signed a protocol on April 17, 2026 amending the 2010 Double Taxation Agreement with Bahrain. The amendment aligns the treaty with OECD BEPS standards, adding measures to prevent treaty abuse and strengthening dispute resolution mechanisms. This is Bermuda's first and longest-standing DTA with a Gulf Cooperation Council country.
Affected parties include businesses operating cross-border between Bermuda and Bahrain, as well as investors and financial advisers engaged in transactions or structures involving both jurisdictions. The updated treaty provisions on treaty shopping and abuse prevention may affect how existing cross-border arrangements are characterised under the revised DTA framework.
Scheduled event
- Date
- 2026-04-17
- Location
- Washington, D.C.
Archived snapshot
Apr 22, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Bermuda Signs Amendment to Double Taxation Agreement with the Kingdom of Bahrain
22 April, 2026
The Premier and Minister of Finance, the Hon. David Burt, JP, MP, has signed a protocol amending the Double Taxation Agreement (DTA) between the Government of Bermuda and the Government of the Kingdom of Bahrain.
The protocol was signed on Friday, 17 April on the sidelines of the 2026 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington, D.C. The Premier signed on behalf of Bermuda, alongside His Excellency Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy of the Kingdom of Bahrain.
The amendment updates the original agreement, which was signed in 2010 under then Minister of Finance, the Hon. Paula Cox. The Kingdom of Bahrain was the first country with which Bermuda signed a DTA, and the agreement represents the longest-standing relationship Bermuda holds with countries from the Gulf Cooperation Council (GCC).
The updated protocol aligns with the standards of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS), incorporating measures to prevent treaty abuse and strengthen dispute resolution mechanisms.
Premier Burt said: "Bahrain is an important partner for Bermuda and one of our longest-standing relationships we have had within the Gulf Cooperation Council. As more Bermuda businesses look to expand operations in the GCC, Bahrain remains a key gateway, and this amendment ensures our agreement continues to reflect international standards and supports the growing economic ties between our two jurisdictions."
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Contact Information
Ministry of Finance
Government Administration Building, 2nd Floor
30 Parliament Street
Hamilton HM 12
Bermuda
(441) 295-5151
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