Saudi Arabia has signed the Convention on Mutual Administrative Assistance in Tax Matters at the headquarters of the Organization for Economic Cooperation and Development (OECD) in Paris. The signing came upon the recent decision of the Cabinet approving the signing of the Minister of Finance or his deputy the Convention on Mutual Administrative Assistance in Tax Matters. A statement issued by the Department of Zakat and Income said the convention aims to raise the level of international cooperation in the field of combating tax avoidance and evasion.
