Double Taxation Agreement With Saudi Arabia

Saudi Arabia: Global Tax Reviews PwC`s in-depth guide, which covers a wide range of corporate and personal tax issues, with overviews of important developments and quick charts showing key tax rates and due dates. Previous spending on corporate tax, dating back to 2010, is also available. On 23 May 2018, the United Arab Emirates (United Arab Emirates) and the Kingdom of Saudi Arabia (KSA) signed an agreement for the avoidance of double taxation and the prevention of tax evasion under income tax and the Double Taxation of Capital (DTT) Convention. ICAEW is not responsible for the content of a website to which there is a hypertext link from this website. The links are provided „as seen“ without express or implied warranty for the information contained therein. We have recent summaries of the most important facts, as well as detailed analyses of the tax system in countries around the world that cover corporate taxation, individual taxation, companies and investments. As stated above, gazt offers selection; Taxpayers can continue to withhold taxes and comply with the refund procedure. Additional information on taxation in that country may appear in general works that are not on this list. If you need help identifying available hardware, please contact the request team. Tax Rates Online An online pricing tool created by KPMG that compares the tax rates of companies, indirect, individual and social insurance within a country or in several countries.

The WHT must be paid within the first ten days of the month following the month in which the payment was made. This agreement is the first DBA among the members of the Gulf Cooperation Council (GCC). The DTT entered into force on 1 April 2019 and applies in principle from 1 January 2020. The DTT could offer a potential reduction or exemption from KSA`s withholding tax (WHT) in respect of payments made by KSA to the United Arab Emirates.. . . .

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