The Corporate Tax Rate in Saudi Arabia stands at 20 percent.
Corporate Tax Rate in Saudi Arabia averaged 23.86 percent from 1999 until 2020, reaching an all time high of 45 percent in 1999 and a record low of 20 percent in 2006. This page provides - Saudi Arabia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Corporate Tax Rate - values, historical data and charts - was last updated on July of 2020. source: Department of Zakat and Income Tax
Corporate Tax Rate in Saudi Arabia is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Corporate Tax Rate is projected to trend around 20.00 percent in 2021, according to our econometric models.