By: Majed Al-Shabib
Riyadh – Mubasher: White-land tax payers are expected to reach 95% while the remaining 5% are forecasted to be defaulters in the upcoming five years, Director of Saudi Arabian White land Tax programme, Mohammed Al-Mudaiheem, said on Wednesday.
During an introductory meeting on the programme’s regulations organised by the Riyadh Chamber of Commerce and Industry, Al-Mudaiheem suggested that the most important indicators to determine whether the programme succeeded or failed is the commitment to pay the tax.
Al-Mudaiheem also expected commitment to the programme to be incomplete since the policy is still new.
