Italy (tax/treaty)
Art. 23Status unknownSaudi ArabiaRegulation
Issued by General Secretariat of Zakat/Tax/Customs Committees (gstc.gov.sa)
CAPITAL
1. Capital represented by immovable property referred to in Article 6, owned by a
resident of a Contracting State and situated in the other Contracting State, may
be taxed in that other State.
2. Capital represented by movable property forming part of the business property of
a permanent establishment which an enterprise of a Contracting State has in the
other Contracting State or by movable property pertaining to a fixed base
available to a resident of a Contracting State in the other Contracting State for the
purpose of performing independent personal services may be taxed in that other
State.
3. Capital represented by ships and aircraft operated by an enterprise of a
Contracting State in international traffic, or by movable property pertaining to the
operation of such ships and aircraft, shall be taxable only in the Contracting State
in which the place of effective management of the enterprise is situated.
4. All other elements of capital of a resident of a Contracting State shall be taxable
only in that State.
Chapter V
Methods for Elimination of Double Taxation
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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