The citizens would not pay taxes on income, Saudi Arabian finance minister on Monday reportedly announced. He also reportedly added Saudi companies would not see their profits taxed under sweeping economic reforms being introduced in the oil-rich kingdom. The economic reforms, notably, is a result of the collapse in oil prices after mid-2014 that pushed the country to contemplate a radical overhaul of all parts of its economy.
By Vikraman Maniraj | Apr 10, 2017 5:15 PM #SaudiArabia #NoTaxes
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