Saudi Arabia Explores Income Tax, Asset Sales to Boost Finances

The video discusses Saudi Arabia's economic strategies, including assessing options for growth, directing revenue to targeted sectors, and providing liquidity to the private sector. It highlights the government's readiness to deploy more stimulus measures if needed, depending on COVID-19 developments. The video also covers the debate on taxation, with discussions on VAT and the potential introduction of an income tax.

What has been the compliance rate of the variety introduced in 2018, and how does it compare to other countries?

What challenges are associated with implementing an income tax in Saudi Arabia?