MANAMA: Multinational firms in Bahrain need to gear up for new rules on financial reporting, say experts.
The Country-by-Country (CbC) Reporting (CbCR) requirements that came in force from the start of the year require multinational entities (MNEs) with a consolidated revenue exceeding BD342 million to submit a CbC report and/or CbCR notification within 12 months of the financial year-end .
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