Saudi Arabia And Hong Kong Sign DTA

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

Friday, August 25, 2017

Hong Kong and Saudi Arabia have signed a comprehensive agreement for the avoidance of double taxation.Read Full Story

Saudi Arabia Readies For Value-Added Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, July 26, 2017

Saudi Arabia has released draft regulations for the introduction of value-added tax for consultation, following recent approval of the tax framework from lawmakers.Read Full Story

IMF Praises Saudi Tax Reforms

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, July 24, 2017

Saudi Arabia has received praise for the International Monetary Fund for recent and planned indirect tax reforms, to broaden the tax base away from oil, but said the timetable for introducing value-added tax could be challenging.Read Full Story

UAE To Exempt Residential Property From VAT

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, July 17, 2017

The United Arab Emirates' Ministry of Finance has confirmed that residential property will be exempt from the Gulf Cooperation Council value-added tax when it comes into force in January 2018, but that a five percent rate will apply on sales or leases of commercial property.Read Full Story

Switzerland Exploring Options For Freer Trade

by Ulrika Lomas, Tax-news.com, Brussels

Thursday, July 6, 2017

Swiss Federal Councillor Johann N Schneider-Ammann will this month travel to Russia, Indonesia, Saudi Arabia, and the US, with the aim of further developing Switzerland's bilateral trade relations with each country. Read Full Story

Saudi To Hike Taxes On Expat Workers

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 15, 2017

Saudi Arabia is to impose further taxes on expatriate employees from July 1.Read Full Story

• 05/06/2017 Saudi Arabia Launches Consultation On VAT Law »
• 08/05/2017 Qatari Cabinet Approves VAT »
• 04/05/2017 Merkel Hopes EU Will Complete FTA With Gulf Nations »
• 19/04/2017 Saudi Arabia Approves GCC 'Sin Tax' »
• 11/04/2017 Jordan To Impose Late Filing Penalty »
• 31/03/2017 Saudi Arabia To Introduce Tax On Undeveloped Land »
• 29/03/2017 Saudi Arabia Cuts Tax For Oil Producers Ahead Of Aramco IPO »
• 21/03/2017 Taiwan Explains VAT Refunds For Foreign Exhibitors »
• 17/03/2017 Japan To Support Saudi Arabia To Create Free Trade Zones »
• 23/02/2017 Saudi Cabinet Approves GCC Selective Tax »
• 20/02/2017 Qatar To Introduce GCC Sin Tax »
• 24/01/2017 Saudi Arabia Dismisses Expatriate Remittances Tax »
• 10/01/2017 Saudi Arabia Announces Expat Levy, Consumption Tax Plans »
• 16/11/2016 Oman Confirms Participation In GCC VAT From 2018 »
• 08/11/2016 OECD Global Tax Forum Hails Milestone Achievement »
• 01/11/2016 IMF Welcomes MENA Tax Reform Progress »
• 07/10/2016 Pakistan Extends Income Tax Filing Date »
• 26/07/2016 IMF Welcomes UAE's VAT Plan »
• 22/06/2016 GCC Agrees Framework For Excise Duties, VAT »
• 20/04/2016 Omani FTZ Announces New Copper Tube Mill »
• 24/03/2016 Moody's Calls On GCC States To Implement Fiscal Reforms »
• 18/03/2016 Kuwait To Levy 10pc Corporate Income Tax »
• 15/03/2016 Ten Nations Praised For Tax Transparency Improvements »
• 08/03/2016 China, GCC Hold Further FTA Talks »