10.04.2017
Yes It is fact. on Sunday Saudi Arabia's finance minister said that Saudi citizens would not pay taxes on their income and Saudi companies also no need to pay tax on it's profits. These things are happening under sweeping economic reforms being introduced in Saudi Arabia.
After mid-2014 when the oil prices collapsed,has pushed Saudi to contemplate a radical overhaul of all parts of country's economy, including privatizations, new taxes, investment strategy and sharp cuts in government expenditure.
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