Awwal 15, 1432 H/Feb 18, 2011, SPA -- Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf and French Minister of Economy, Finance and Industry Christine Lagarde co-signed a protocol attached to the Saudi-French agreement to evade double taxation on income tax. Dr. Al-Assaf pointed out that due to a new clause added to the mentioned agreement, transparency will further prevail and Saudi businessmen and investors who own registered real estates in France, will be exempted from paying a French 3 per cent tax. -- SPA