The income tax treaty between Saudi Arabia and Venezuela entered into force on 1 December 2016. The treaty, signed 11 November 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 Venezuelan income tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services in a Contracting State through …