Tax Saudiarabia Highlights 2020 - Deloitte
The tax rate for taxpayers engaged in the production of oil and hydrocarbons is determined on the basis of the company’s capital investment, as follows: 85% for capital investment of USD 60 billion or les s; 75% for ... – A 5% withholding tax applies on dividends paid to a nonresident, unless the rate is reduced under a tax treaty. No ... ................
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