Saudi Arabia has 55 tax agreements in force, as reported in its response to the Peer Review questionnaire. Twenty-six of those agreements comply with the minimum standard.
Saudi Arabia signed the MLI in 2018 and deposited its instrument of ratification on 23 January 2020. The MLI entered into force for Saudi Arabia on 1 May 2020. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
Saudi Arabia is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1