Jordan, Saudi Arabia hold talks on averting dual taxation
Reported by JT | Dec 23,2011 | 22:53
AMMAN — Jordan and Saudi Arabia on Thursday held a first round of talks on averting dual taxation.
Officials from the two countries took part in the talks which continued for five days.
A statement issued by the Income and Sales Tax Department said: “The signing of an agreement to avoid double taxation and curb tax evasion between the two countries will help increase and stimulate joint investments.” The department indicated that a second round of talks is expected to be held next year in Saudi Arabia, according to the Jordan News Agency, Petra.
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