Tax Treaty between Saudi Arabia and Sweden has Entered into Force

The income and capital tax treaty between Saudi Arabia and Sweden entered into force on 31 August 2016. The treaty, signed 19 October 2015, 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…