Riyadh – Mubasher: Saudi Arabia has signed agreements with the UAE to avoid double taxation and prevent tax evasion in both countries.
These agreements are a stable legal framework governs the tax relations between Saudi Arabia and the UAE and reduces the tax burden for investors in both nations, Saudi Arabia minister of finance Mohammed al-Jadaan stated.
Businessmen in the two GCC countries should benefit from these agreements to launch trade and investment projects, the top officials added.
