Saudi Arabia
A. Progress in the implementation of the minimum standard
Saudi Arabia has 51 tax agreements in force, as reported in its response to the Peer Review questionnaire. Two of those agreements, the agreements with Bulgaria and the United Arab Emirates, comply with the minimum standard.
Saudi Arabia signed the MLI in 2018 and deposited its instrument of ratification on 23 January 2020, listing its non-compliant agreements. The MLI entered into force for Saudi Arabia on 1 May 2020.
Saudi Arabia is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
The agreements that will be modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect.
B. Implementation issues
No jurisdiction has raised any concerns about their agreements with Saudi Arabia.
Note
← 1. For its agreements listed under the MLI, Saudi Arabia is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).