It emerged at the weekend that Saudi Arabia's Shoura consultative council has rejected plans to impose an income tax on expatriate workers whose salaries exceed SR3,000 ($800) per month.
Although the council is an advisory body, its recommendations are closely studied by the government, meaning that its rejection of the proposals as 'inappropriate' is likely to give rise to extensive redrafting of the bill in question.
Speaking to the national and international media, Secretary-General of the Shoura Council, Hamoud Al-Badr revealed that the plan had been rejected by a majority vote:
'The council decided by 73 votes (out of 120 members) that it is inappropriate to levy taxes on the salaries of non-Saudis regardless of the amount of their pay,' he explained.
According to reports, there are an estimated seven million expatriate workers currently resident in Saudi, remitting around $18 billion to their home countries each year.
A comprehensive report dealing with remuneration structures for expatriate executives in a number of onshore and offshore jurisdictions is available in the Tax News Reports Shop at http://www.tax-news.com/reportshop
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