foreigner tax proposal

Saudi Arabia’s Shura Council members have moved to reject a proposal to tax foreigners on any financial gains they make in the kingdom.

The taxation proposal suggested it be applied on expatriates, both in the public and private sectors. Several members of the council however, stated that these changes would be inappropriate due to the on-going development activities the kingdom is currently involved in.

According to sources, Council Secretary General, Mohammad Bin Abdullah al-Ghamdi, stated, “The Council heard views from those who supported the proposal and those who opposed it.”

Members that pushed for the application of the tax proposal argued that this is an essential change to implement because it would bridge the narrow salary gap between Saudis and expatriates, and boost the employment of nationals into various sectors