On 3 December 2019, Kosovo published in the Official Gazette the decree for the ratification of the pending income tax treaty with Saudi Arabia. The treaty, signed 20 October 2019, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Kosovo personal income tax and corporate income tax and covers Saudi Zakat and income tax, including the natural gas investment tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed co…