Understanding how input VAT rules interact with non-deductible corporate tax expenses is essential for corporate taxpayers in Saudi Arabia to avoid costly disallowances and VAT adjustments. 📌 Introduction In Saudi Arabia, the Zakat, Tax and Customs Authority (ZATCA) enforces specific...
Category: Saudi Arabia – Tax
A complete guide for corporate taxpayers in Saudi Arabia on the Phase 2 e-invoicing (FATOORA) wave rollout plan, including ZATCA's implementation timelines, wave-by-wave compliance requirements, and best practices for readiness. 📌 Introduction Saudi Arabia’s Phase 2 E-Invoicing rollout, also known...
Learn how corporate taxpayers in Saudi Arabia can claim deductions for charitable contributions made to licensed organisations. This guide covers eligibility, ZATCA regulations, documentation requirements, and compliance tips. 📌 Introduction Corporate social responsibility (CSR) is increasingly important for businesses in...