Convention between the Government of the Kingdom of SAUDI ARABIA and the Government of FRENCH REPUBLIC for Avoiding Double Taxation as Regards Taxes on Income, Inheritance, Legacies and Capital

Article 1
Persons Covered

The Convention shall apply to persons who are residents of one or both of the Contracting States.

Article 2
Taxes Covered

1. Current taxes, subject to Convention

   1. In the case of the Kingdom of Saudi Arabia:

   1. Income Tax and Corporate Tax.

   2. Zakat Dues.

   3. Wealth Tax and Inheritance Tax, identical or similar taxes that seem like those taxes subject to the Convention in France, whenever imposed.

   (Hereinafter referred to as 'Saudi Tax'.)

   2. In the case of France:

      1. Income Tax.

      2. Corporate Tax.

      3. Inheritance Tax.

      4. Wealth Tax (L'impot de Solidarite Sur La Fortune), including any withholding tax (Precompte) or any tax that is paid in advance.

   (Hereinafter referred to as 'French Tax'.)

2. This Convention shall apply also to any identical or substantially similar taxesthat are imposed by either Contracting State after the date of signature of this Convention in addition to, or in place of, the existing taxes. The competent authorities of both Contracting States shall notify each other of any significant changes that have been made in their taxation laws.

Article 3
General Definitions