Officials from Saudi Arabia and Switzerland signed an income and capital tax treaty on 18 February 2018. 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 Swiss federal, cantonal, and communal taxes on income, including total income, earned income, income from capital, industrial and commercial profits, capital gains, and other income, and taxes on capital, including …