OrbitaxTax Treaty between Morocco and Saudi Arabia Signed
|Treaty Development|Morocco-Saudi Arabia
On 14 April 2015, officials from Morocco and Saudi Arabia signed an income tax treaty. The treaty is the first of its kind between the two countries.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is a company directly holding at least 10% of the paying company's capital, otherwise 10%
- Interest - 10%
- Royalties - 10%
Entry into Force and Effect
The treaty will enter into fo…
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