💰 Financial Record

payment

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Transaction Details

Amount

USD $11,000,000,000.0

Payer (From)

Landlords/Taxpayers Linked to Landlords/Taxpayers

Payee (To)

Saudi Government Linked to Saudi Government

Transaction Date

June 30, 2016

Description

Estimated annual potential collection from land tax in major urban cities.

Additional Details

Date string: 2016-06-30

Amount string: 11000000000

Source document: HOUSE_OVERSIGHT_016176.jpg

📄 Source Document

HOUSE_OVERSIGHT_016176.jpg

ESTATE Collection

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Document Summary

This document is a page from a Merrill Lynch research report titled 'GEMs Paper #26' dated June 30, 2016. It analyzes the economic impact of a new land tax in Saudi Arabia, estimating potential government revenue of US$11 billion per year and detailing costs and KPIs for the National Transformation Plan (NTP). The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was produced during a House Oversight Committee investigation, likely related to financial records involving Saudi Arabia.

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