Ticker

6/recent/ticker-posts

Advertisement

Breaking : Crown Prince Announced There Will Be No Tax On Income At All And The Maximum Value-Added Tax Is Imposed At 15% For 5 years


Breaking : Crown Prince Announced There Will Be No Tax On Income At All And The Maximum Value-Added Tax Is Imposed At 15% For 5 years
Today, Tuesday, Saudi Crown Prince reviewed some of the features of the current working mechanism used to implement Vision 2030.

He explained, during his meeting on the event of the 5-year anniversary of the launch of Vision 2030, that tax is imposed at 15% is temporary, indicating that it will not last more than 5 years, and he denied that there is an intention to impose an income tax in the Kingdom in the future.

He express that the Kingdom aspires to “Aramco” to be able to convert 3 million barrels for downstream industries by 2030, thus contributing to the Kingdom’s benefit from all its resources.

Post a Comment

0 Comments