Sets the current-tax starting point and the additions, reductions, deferred-tax and other adjustments producing adjusted covered taxes.
What should you do now?Prepare a line-by-line reconciliation from current tax expense to adjusted covered taxes.
What does the official Article provide?
The official source is Arabic. This English commentary is explanatory and is not presented as an official translation.
Sets the current-tax starting point and the additions, reductions, deferred-tax and other adjustments producing adjusted covered taxes.
This is a verified summary rather than a verbatim reproduction. Consult the official Arabic text, the Law and later decisions before making a final determination.
Arabic text of Article 30
The official source is Arabic. The English content on this page is explanatory and is not presented as an official translation.
Show the Article as published (Arabic)
الضرائب المشمولة المعدلة
لأغراض تطبيق أحكام الفقرة (ب) من المادة (7) من القانون، يجب تحديد الضرائب المشمولة المعدلة للكيان المشارك لسنة مالية من خلال تعديل مجموع نفقات الضرائب الحالية المستحقة في صافي الدخل أو الخسارة المحاسبية فيما يتعلق بالضرائب المشمولة للسنة المالية، وذلك من خلال تطبيق جميع ما يلي حسب الأحوال:
1- صافي مبلغ الإضافات والتخفيضات على الضرائب المشمولة للسنة المالية على النحو المُحدد بموجب الفقرتين (أ) و(ب) من المادة (31) من هذه اللائحة.
2- إجمالي مبلغ تعديل الضريبة المؤجلة على النحو المُحدد بموجب المادة (33) من هذه اللائحة.
3- أي زيادة أو نقصان في الضرائب المشمولة المسجلة في حقوق الملكية أو الدخل الشامل الآخر المتعلقة بالمبالغ المدرجة في حساب دخل أو خسارة الكيان المشارك التي تخضع للضريبة بموجب القواعد الضريبية المحلية.
Source: Executive Regulations issued by Decision No. 172 of 2024, Legislation and Legal Opinion Commission (lloc.gov.bh).
What does the Article mean in plain language?
Adjusted Covered Taxes start with accrued current expense for Covered Taxes, then incorporate Article 31 additions and reductions and Article 33 deferred-tax adjustments. Also consider taxes recorded in equity or Other Comprehensive Income relating to included income taxable under local rules. The result is neither cash tax paid during the year nor total balance-sheet tax. Maintain a separate reconciliation linking each component to its account, provision and relevant year.
Financial reporting, tax, transfer-pricing and consolidation teams.
Prepare a line-by-line reconciliation from current tax expense to adjusted covered taxes.
Dividing cash tax paid by accounting profit and calling it the Regulations' effective rate.
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Is this Article enough on its own?
Usually not. Read it with the connected Law Article, definitions, any effective election and current NBR guidance, especially for an amount or deadline.
Does NBR guidance replace the Regulations?
No. Guidance explains application and supports procedures and examples, but current legislation and decisions prevail in case of inconsistency.