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Georgia Approves Pending Tax Treaty with Saudi Arabia

|Treaty Development|Georgia-Saudi Arabia
Georgia-Saudi Arabia

On 11 May 2018, Georgia's government approved the ratification of the pending income and capital tax treaty with Saudi Arabia. The treaty, signed 14 March 2018, is the first of its kind between the two countries.

Taxes Covered

The treaty covers Georgian profit tax, income tax, and property tax, and covers Saudi Zakat and income tax, including the natural gas investment tax.

Service PE

The…

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