Saudi Arabia Fiscal Balance Program Published including Tax Measures

The Saudi government has published its Fiscal Balance Program report, which includes planned budget measures through 2020 within the broader Vision 2030 strategy. The main revenue (tax) related measures include:

• Increasing the levy for expatriate employees by:
  • Imposing the expat levy for dependents of expat employees with an initial levy of SAR 100 per dependent beginning in July 2017 (currently not subject to levy);
  • Imposing the expat levy for all expat employees beginning in January 2018 (…