The income and capital tax treaty between Azerbaijan and Saudi Arabia entered into force on 1 May 2015. The treaty, signed 13 May 2014, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Azerbaijan tax on profit of legal persons, income tax of physical persons, tax on property, and land tax. It covers Saudi Zakat and income tax, including the natural gas investment tax.
Service PE
The treaty includes the provision that a service permanent establishment w…