Posted By: Geoff Hannis
Magic Kingdom Biomed Expats II - 08/06/16 12:19 PM
There are rumours bouncing around that a tax is being proposed on remittances being sent out by expats from Saudi Arabia. A figure of 6% has been mentioned.
I wonder how that will be implemented (collected) ... deducted by the bank when a transfer is made, I suppose? Hopefully not a deduction from salary every month!
Meanwhile, I read that income tax for locals is still not being considered.
How about it Neil; what gives?
Happy Ramadan, by the way.
See here for the earlier thread.