Tax Treaty between Saudi Arabia and Sweden Signed

On 19 October 2015, officials from Saudi Arabia and Sweden signed an income and capital tax treaty. The treaty is the first of its kind between the two countries.

Taxes Covered

The treaty covers Saudi Zakat and income tax including the natural gas investment tax. It covers Swedish national income tax, withholding tax on dividends, income tax on non-residents, income tax on non-resident artistes and athletes, municipal income tax and net wealth tax.

Service PE

The treaty includes the pro…