Saudi business leaders see great opportunities ahead
Global minimum corporate tax of 15 percent seeks to end downward spiral of corporate tax rates For Saudi and other GCC policymakers, the devil will be in the detail of the new tax proposals Updated 42 min 23 sec ago Frank Kane June 12, 2021 19:43 DUBAI: The threat seemed clear. The low-tax countries of the Middle East would have to fall in line with the high tax-and-spend economies of Europe and North America, and impose big tax increases that would threaten their global competitiveness. But although initially hailed as “historic,” when the experts and policymakers got down to the nitty-...
Source: arabnews.com