Double Taxation Avoidance Contract between Bosnia and Herzegovina and Kingdom of Saudi Arabia Initialled



Tan agreed to Contact on Avoidance of Double Taxation and Prevention of Fiscal Evasion in respect to taxes on Income and Property was initialled in Sarajevo today by heads of two state delegations, namely Deputy Minister of Finance and Treasury of B-H Fuad Kasumović and General Manger of the Ministry of Finance International Economic Relations Department of the Kingdom of Saudi Arabia Hamad S. Al-Najashi.

Both sides expressed a wish for overall procedure, starting from the signing and ratification to practical implementation of the Contract to be completed as early as possible, in order to create favourable business environment for both countries’ investors, which would promote the economic relations further.

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