Saudi Arabia amends Income Tax Law on Natural Gas Investment Tax

19 April 2018

Based on Saudi Arabia's Council of Ministers' resolution No. 369, dated March 27 (10-7-1439H), Royal Decree No. M/70, dated March 28 (11-7-1439H) has been issued. The Royal Decree amends the Income Tax Laws promulgated through Royal Decree No. (M/1), dated July 30, 2004 (15-1-1425H) regarding investments in natural gas.

A Global Tax Alert, attached below, provides additional details.

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Document ID: 2018-0849

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