Tax
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Wealth and Asset Management
Saudi Arabia to hold off on plans to tax expat remittances for now
Saudi Arabia will resist plans to introduce a tax on expat remittances for now, according to Mohammed Al-Tuwaijri, secretary general of the Financial Committee at the Royal Court. Saudi Arabia’s Shura council has discussed plans to impose a 2 to 6 percent tax on expat workers’ remittances, following a proposal…
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Click here to read the full story: Arabian Business