Tax Bill

Author: 
Staff Writer
Publication Date: 
Tue, 2003-12-23 03:00

RIYADH, 23 December 2003 — The Shoura Council yesterday passed a bill on the new natural gas investment tax. Dr. Hamoud Al-Badr, the secretary-general of the council, said the new law, which has 14 articles, fixes the tax levied on companies that are awarded concessions to invest in gas projects.

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