Saudi Arabia sets income tax rates for hydrocarbon producers

27 March 2017, Sweetcrude, Riyadh — Saudi Arabia has set a range of income tax rates for producers of oil and hydrocarbons, the official Saudi Press Agency reported on Monday, quoting a royal decree. The tax rate for investments exceeding 375 billion riyals ($100 billion) will be 50 percent, SPA said. It gave other rates […] More »