US TAX GUIDE IN SAUDI ARABIA

What is GOSI?

GOSI, or the General Organization for Social Insurance, is Saudi Arabia’s social security program. Both employers and employees contribute to it, covering benefits like retirement, disability, and unemployment.

How does GOSI impact US tax returns?

For US citizens in Saudi Arabia, contributions to GOSI can be claimed as a credit on their US tax returns, potentially reducing the amount owed to the IRS.

What is the significance of the lack of a totalization agreement?

Without a totalization agreement or tax treaty between the US and Saudi Arabia, American expats can still claim GOSI contributions as a credit on their US tax returns.

How do I claim GOSI contributions on my tax return?

When filing your US tax return, you can include your GOSI contributions as a credit, similar to claiming a deduction for social security payments, despite the absence of a formal agreement between the two countries.

More about the Saudi guide