Recently, the Cabinet approved two waves of stimulus proposed by the Ministry of Finance. The stimulus, intended to soften the impact of COVID-19 on the economy,  includes a reduction of domestic withholding tax, 150%-300% tax deductions, and extension for tax filing and payment.  Read More

The start of 2020 brings a new law with it, on 20 January 2020, Land and Building Tax Reductions Royal Decree was published in the Royal Government Gazette to reduce the land and building tax amount. The law has been in effect since 1 January 2020.  Read More
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