Saudi Arabia Corporate Tax Rate  1999-2017 | Data | Chart | Calendar

The Corporate Tax Rate in Saudi Arabia stands at 20 percent. Corporate Tax Rate in Saudi Arabia averaged 24.72 percent from 1999 until 2016, reaching an all time high of 45.00 percent in 1999 and a record low of 20.00 percent in 2006.

Saudi Arabia Corporate Tax Rate
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Saudi Arabia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 45.00 20.00 percent [+]
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Social Security Rate 22.00 20.00 22.00 20.00 percent [+]
Social Security Rate For Companies 12.00 11.00 12.00 11.00 percent [+]
Social Security Rate For Employees 10.00 9.00 10.00 9.00 percent [+]

Saudi Arabia Corporate Tax Rate Notes

In Saudi Arabia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Saudi Arabia. This page provides - Saudi Arabia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 45.00 20.00 1999 - 2016 percent Yearly

corporate tax rate by Country

United States 38.90 Dec/16
India 34.61 Dec/16
Brazil 34.00 Dec/17
France 33.30 Dec/17
Japan 30.86 Dec/16
Australia 30.00 Dec/16
Mexico 30.00 Dec/17
Germany 29.72 Dec/16
Italy 27.90 Jan/17
Canada 26.50 Dec/16
China 25.00 Dec/17
Indonesia 25.00 Dec/16
Netherlands 25.00 Dec/17
Spain 25.00 Dec/17
South Korea 24.20 Dec/16
Russia 20.00 Dec/17
Turkey 20.00 Dec/17
United Kingdom 19.00 Dec/17
Switzerland 17.92 Dec/15