The government of Saudi Arabia has signed the Multilateral Convention of OECD on Mutual Administrative Assistance in Tax Matters. This would provide spontaneous exchange of information, simultaneous tax examinations, and assistance in tax collection to Saudi Arabia.
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In an announcement by the Saudi Press Agency (SPA), officials from Saudi Arabia and Iceland convened in Riyadh to sign an income tax treaty on 4 December 2024. The signing took place during the first day of the Zakat Tax and Customs Conference in
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Read More The Saudi Arabian Council of Ministers approved the ratification of the income tax treaty with Qatar on 5 November 2024. The treaty, which is a first of its kind between the two Gulf monarchies, aims to eliminate double taxation, prevention as
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