Pillar 2 Compliance: Bahamas

Nor provided

Section 6(1) of the Law provides that each Constituent Entity that is located in The Bahamas of an MNE Group that is within the scope of the Model GloBE Rules must file, or have filed on their behalf, a GloBE Information Return (GIR) and any applicable notifications in accordance with Articles 8.1 and 9.4 of the Model GloBE Rules.

Therefore, the standard GloBE filing obligations apply, including the provisions for designated filing entities and the exclusion for a GIR filed in a foreign jurisdiction where a Qualifying Competent Authority Agreement is in place. The standard 15 month filing deadline (18 months in the transitional year) will also apply.

None

 None

None

Under Section 7 of the Law, DMTT is payable to the Financial Secretary no later than the GIR filing deadline. Payments of DMTT must be in Bahamian currency.