Saudi Arabia sets income tax rates for hydrocarbon producers

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Saudi Arabia sets income tax rates for hydrocarbon producers
27 March 2017, Sweetcrude, Riyadh — Saudi Arabia has set a range of income tax rates for producers of oil and hydrocarbons, the official Saudi Press Agency reported on Monday, quoting a royal decree. The tax rate for investments exceeding 375 billion riyals ($100 billion) will be 50 percent, SPA said. It gave other rates […] More »
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