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Saudi Arabia News - Business, Taxation & Offshore




Saudi Arabia Cuts Tax For Oil Producers Ahead Of Aramco IPO

by Jason Gorringe, Tax-News.com, London

Last updated 21 hours ago | Tuesday, March 28, 2017

In a move thought to be intended to boost state-owned oil company Aramco ahead of an Initial Public Offering, Saudi Arabia announced tax cuts for oil and hydrocarbon producers on March 27.Read Full Story

 

Taiwan Explains VAT Refunds For Foreign Exhibitors

by Mary Swire, Tax-News.com, Hong Kong

Monday, March 20, 2017

Taiwan's national tax authority has released guidance on VAT refunds for foreign exhibitors, following a number of questions received from overseas firms. Read Full Story

 

 

Japan To Support Saudi Arabia To Create Free Trade Zones

by Mary Swire, Tax-News.com, Hong Kong

Thursday, March 16, 2017

Saudi Arabia is hoping to lure Japanese firms to invest in the country with tax breaks to be offered in new free trade zones.Read Full Story

 

Saudi Cabinet Approves GCC Selective Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, February 22, 2017

Saudi Arabia's Cabinet has approved the introduction of the "selective tax" that is being rolled out across the Gulf Cooperation Council member countries.Read Full Story

 

 

Qatar To Introduce GCC Sin Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, February 17, 2017

Qatar is planning to introduce a sin tax on luxury items and products that are "harmful to human health and the environment," in line with the unified agreement among Gulf Cooperation Council member states.Read Full Story

 

Saudi Arabia Dismisses Expatriate Remittances Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, January 23, 2017

Saudi Arabia has said it will not introduce a six percent tax on expatriate remittances.Read Full Story