Reverse Charge Mechanism in Saudi Arabia: Input Tax Treatment for Imported Services

2 days ago

Corporate taxpayers in Saudi Arabia frequently engage foreign service providers for technical, consulting, and professional support. Under the Reverse Charge…

RETT Rate of 5% on All Real Estate Transfers in Saudi Arabia: Corporate Guide to Scope, Valuation & Compliance

2 days ago

Corporate taxpayers in Saudi Arabia must apply a Real Estate Transaction Tax (RETT) rate of 5% on most transfers of…

RETT Law Timeline and Effective Date: Implementation in October 2024

2 days ago

The Real Estate Transaction Tax (RETT) framework in Saudi Arabia has undergone significant legal updates, with the latest implementation timeline…

RETT Filing Deadlines and Payment Procedures: A Complete Guide for Corporate Taxpayers in Saudi Arabia

2 days ago

The Real Estate Transaction Tax (RETT) is a critical compliance requirement in Saudi Arabia, levied at a standard rate of…

Reporting Excise Tax Liabilities Through ZATCA’s Portal: A Complete Guide for Saudi Corporate Taxpayers

2 days ago

Excise tax compliance in Saudi Arabia is a critical obligation for companies dealing in tobacco products, soft drinks, energy drinks,…

Regional Investment Tax Concessions in Saudi Arabia: Impact on Effective Tax Rates

2 days ago

Regional investment tax concessions are a critical tool in Saudi Arabia’s economic diversification strategy. For corporate taxpayers, these incentives can…

Reduced Tax Rates for Projects in Ha’il, Jazan, Najran, Al-Baha, Al-Jouf & the Northern Borders Region (Saudi Arabia)

2 days ago

Saudi Arabia offers targeted regional investment incentives that can materially reduce the effective tax rate for approved projects established in…

Recovering Input VAT on Pre-Registration Expenses: A Guide for Corporate Taxpayers in Saudi Arabia

2 days ago

Many businesses in Saudi Arabia incur significant expenses before formally registering for VAT with ZATCA (Zakat, Tax and Customs Authority).…

Reconciling Sales and Purchases Before Filing a VAT Return: Best Practices for Saudi Corporate Taxpayers

2 days ago

For corporate taxpayers in Saudi Arabia, ensuring accurate reconciliation of sales and purchase records before submitting a VAT return is…

Reconciling GOSI Payroll Records with Tax Filings: ZATCA’s Focus (Saudi Arabia)

2 days ago

For corporate taxpayers in Saudi Arabia, data consistency between GOSI payroll records and ZATCA filings is now a frontline compliance…

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