Key Benefits:
President of the Republic,
On the report of the Prime Minister and the Minister for Foreign Affairs,
Considering articles 52 to 55 of the Constitution;
Having regard to the amended Decree No. 53-192 of 14 March 1953 concerning the ratification and publication of the international commitments undertaken by France;
Having regard to Decree No. 83-586 of 28 June 1983 on the publication of the agreement between the Government of the French Republic and the Government of the Kingdom of Saudi Arabia with a view to avoiding double taxation in respect of income tax and inheritance tax (as a whole protocol), signed in Paris on 18 February 1982;
In view of Decree No. 89-375 of 12 June 1989 on the publication of the agreement in the form of an exchange of letters between the Government of the French Republic and the Government of the Kingdom of Saudi Arabia renewing the agreement of 18 February 1982 with a view to avoiding double taxation in respect of taxes on income and inheritance (as a whole protocol), signed on 20 December 1988 and 22 February 1989;
In view of Decree No. 95-987 of 28 August 1995 on the publication of the agreement in the form of an exchange of letters between the Government of the French Republic and the Government of the Kingdom of Saudi Arabia on the extension of the agreement of 18 February 1982 with a view to avoiding double taxation in respect of income and inheritance taxes, signed on 3 January 1994 and 3 May 1995;
Having regard to Decree No. 95-988 of 28 August 1995 on the publication of the Avender to the Convention of 18 February 1982 between the Government of the French Republic and the Government of the Kingdom of Saudi Arabia with a view to avoiding double taxation on income and inheritance taxes (a combination of interpretative letters signed on 16 June and 31 October 1993), signed in Riyadh on 2 October 1991;
In view of Decree No. 99-453 of 28 May 1999 on the publication of the agreement between the Government of the French Republic and the Government of the Kingdom of Saudi Arabia on the renewal of the agreement of 18 February 1982 with a view to avoiding double taxation on income and inheritance taxes, in the form of an exchange of letters signed in Paris on 9 September 1998 and in Riyadh on 2 January 1999,
Decrete:
The agreement in the form of an exchange of letters between the Government of the French Republic and the Government of the Kingdom of Saudi Arabia relating to the renewal of the agreement of 18 February 1982 with a view to avoiding double taxation on income and inheritance taxes (a whole protocol), signed on 14 April and 6 July 2003, will be published in the Official Journal of the French Republic.
The Prime Minister and the Minister for Foreign Affairs are responsible for the execution of this Order, which will be published in the Official Journal of the French Republic.
A C C O R D
EXCHANGE OF LETTERS TO THE GOVERNMENT OF THE FRANÇAISE REPUBLIC AND GOVERNMENT OF THE SAUDI ARAB ROYAUME RELATING TO THE MEETING OF THE CONVENTION OF 18 FEBRUARY 1982 IN VIEW OF THE IMPLEMENTARY DOUBLES
FRENCH REPUBLIC
MINISTRY
BUSINESS
THE MINISTER
No. 003292 CM
14 April 2003.
His Royal Highness Prince Saoud Al Faiçal, Minister for Foreign Affairs of the Kingdom of Saudi Arabia
Highness,
On February 18, 1982, our two governments signed a convention to avoid double taxation on income and estate taxes.
This agreement was concluded for five years from the date of its entry into force, with the possibility, opened by Article 20, paragraph 3, of a five-year extension by exchange of diplomatic notes.
Effective 1 March 1983 and renewed three times by an exchange of letters of 20 December 1988 and 22 February 1989, of 3 January 1994 and 3 May 1995, and of 9 September 1998 and 2 January 1999, the Convention came to an end on 31 December 2003.
I have the honour of my Government to propose to you the extension of the 18 February 1982 convention and the protocol annexed to it for a period of five years from 1 January 2004.
I would be grateful if you could let me know whether this proposal is a matter of your Government's approval. In this case, this letter, together with your answer, will constitute the agreement between our two Governments on the renewal of the above-mentioned convention.
I pray to Your Highness to accept the assurance of my high consideration.
Dominique de Villepin,
Minister for Foreign Affairs
of the French Republic
SAUDI ARABY ROYAUME
MINISTRY
BUSINESS
THE MINISTER
BUSINESS
No. 96/33/72139
6 July 2003.
His Excellency the Minister for Foreign Affairs Mr. Dominique de Villepin
Best regards,
With reference to the letter from your Excellency No. 003292CM, dated 14 April 2003, by which you proposed the extension of the agreement between the Government of the Kingdom of Saudi Arabia and the Government of the French Republic with a view to avoiding the double taxation in respect of taxes on income and estates and the protocol annexed to it for a period of five years from 1 January 2004, and that in the case
I am pleased to bring to your attention the approval of the Government of the Kingdom of Saudi Arabia on the renewal of the agreement between our two Governments and the protocol annexed to it for a period of five years, beginning January 1, 2004. Thus, your above-mentioned letter and my present answer constitute the agreement between our two governments on the renewal of this convention in accordance with Article 20, paragraph 3, of this same convention, which opens the possibility of a five-year extension by exchange of diplomatic notes.
Please accept, Your Excellency, the sentiments of my great respect and my very high consideration.
His Royal Highness:
Prince Saoud Al Faiçal,
Minister for Foreign Affairs
of the Kingdom of Saudi Arabia
Done in Paris, 17 December 2003.
Jacques Chirac
By the President of the Republic:
The Prime Minister,
Jean-Pierre Raffarin
Minister of Foreign Affairs,
Dominique de Villepin
