GTL Summary:

Ensures that covered tax amounts are only adjusted once in the calculation of Adjusted Covered Taxes, even if mentioned across multiple clauses.

Document Type: ERS - Executive Regulations
Law: DMTT Law (Decree Law No. 11 of 2024)
Decision Number: executive-regulations-172-article-32
Year: 2024
Country: 🇧🇭 Bahrain
Official Name: Article 32 - Additional Provisions Relating to Computation of Adjusted Covered Taxes
Last updated at: 2026-02-23 12:13:40 UTC

Chapter 4 - Accounting

Article 32 - Additional Provisions Relating to Computation of Adjusted Covered Taxes

Where an amount of Covered Tax is mentioned in more than one of the Clauses within Article 30 and Paragraph A or B of Article 31 of these Regulations, the current tax expense shall only be adjusted once in the computation of Adjusted Covered Taxes of a Constituent Entity for a Fiscal Year.

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