The income and capital tax treaty between Georgia and Saudi Arabia entered into force on 1 April 2019. The treaty, signed 14 March 2018, is the first of its kind between the two countries. Taxes Covered The treaty covers Georgian profit tax, income tax, and property tax, and covers Saudi Zakat and income tax, including the natural gas investment tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services through employees or other engaged personnel if the activities continue for the same or connected project within a Contracting State...