Tax

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Chapter | Tax from The Report: Gabon 2016

In conjunction with Deloitte Gabon, OBG explores the taxation system, examining Gabon’s investor-friendly environment. OBG talks to Angela Adibet, Head of Legal and Tax Department, Deloitte Gabon, about the Finance Act of 2016 and the fiscal framework.

An oil-rich equatorial country in West Africa, Gabon’s abundant natural resources have given it one of the highest per capita incomes on the continent, though lower oil revenues has seen growth contract in recent years.

 

Saudi Arabia takes third place in the global list of countries ranked by ease of paying taxes, a remarkable achievement for a G20 country with a GDP of over $650bn. With the necessary due care and commitment to compliance, businesses can enjoy the advantages of the Kingdom’s tax system.

 

The sweeping reforms outlined in Vision 2030 are going to affect vast areas of the government and the economy. Tax policy will play a significant role in these reforms as part of the government’s efforts to diversify revenues away from oil and address broader social and economic objectives while maintaining a fertile business environment and...

Chapter | Tax from The Report: Saudi Arabia 2016

This chapter contains an overview of the tax framework in which local and foreign investors operate, including a rundown of the restructuring efforts currently under way at the department of tax and an outline of the set timeframe for the introduction of value-added tax.

This chapter contains a viewpoint from Riyadh Al Najjar, KSA Country Leader, PwC.

2016 witnessed the launch of the Kingdom’s historic Vision 2030 and the accompanying National Transformation Programme, both of which call for a major overhaul of the state’s economic apparatus and envision a more open market framework and more dynamic, private sector-led growth moving ahead.

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