In its 36th ordinary session held here today under the chairmanship of the Deputy Chairman of Mahmoud bin Abdullah bin Taibah, the Shoura Council approved three agreements between the Kingdom of Saudi Arabia and three countries to avoid double taxation. The Shoura Council approved a draft agreement between the government of the Kingdom of Saudi Arabia and the government of Italy to avoid double taxation on income and capital taxes and prevent tax evasion in addition to approving the extra protocol draft annexed to this agreement. The Council approved a draft agreement between the government of the Kingdom of Saudi Arabia and the government of South Africa to avoid double taxation on income and capital taxes and prevent tax evasion. The Council approved a draft agreement between the government of the Kingdom of Saudi Arabia and the government of Russia to avoid double taxation on income and capital taxes and prevent tax evasion in addition to approving the extra protocol draft annexed to this agreement. This came in a statement to the Saudi Press Agency (SPA) by the Assistant Secretary General of the Shoura Council Ahmed bin Abdulaziz Al-Yehia who explained that the Council approved these agreements after discussing reports submitted by the Chairman of the Finance Committee of the Council Dr. Mohammed Ihsan Bohulaiqa. "The Council discussed a number of local reports", Al-Yehia added.
