GTL Summary:

Specifies that distributions on Additional Tier One Capital are treated as expenses for the payer and income for the receiver in tax calculations.

Document Type: ERS - Executive Regulations
Law: DMTT Law (Decree Law No. 11 of 2024)
Decision Number: executive-regulations-172-article-25
Year: 2024
Country: 🇧🇭 Bahrain
Official Name: Article 25 - Adjustments in Respect of Additional Tier One Capital
Last updated at: 2026-02-23 12:13:40 UTC

Chapter 4 - Accounting

Article 25 - Adjustments in Respect of Additional Tier One Capital

  1. Any amount recognised as a decrease to the equity of a Constituent Entity located in the Kingdom which relates to distributions paid or payable in respect of Additional Tier One Capital shall be treated as an expense for the purposes of determining the Constituent Entity Income or Loss for that Fiscal Year.

  2. Any amount recognised as an increase to the equity of a Constituent Entity located in the Kingdom which relates to distributions received or due in respect of Additional Tier One Capital shall be treated as income for the purposes of determining the Constituent Entity Income or Loss for that Fiscal Year.

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