Category: Saudi Arabia – Tax

A comprehensive guide for corporate taxpayers in Saudi Arabia on filing combined tax and zakat returns under the Zakat, Tax and Customs Authority (ZATCA) rules, specifically for mixed ownership companies where both Saudi/GCC and foreign shareholders are involved. Learn about...

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A detailed, keyword-focused guide to input VAT on advances, VAT on deposits, tax point rules, Saudi VAT compliance, e-invoicing (FATOORA) implications, and documentation requirements under the Zakat, Tax and Customs Authority (ZATCA) framework—tailored for corporate taxpayers in Saudi Arabia. Become...

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A practical, keyword-rich guide for corporate taxpayers in Saudi Arabia on Country-by-Country (CbC) Reporting: learn the SAR 3.2 billion threshold, notification and filing timelines, the inclusion of Zakat payers from 2024, documentation, penalties, and a step-by-step compliance checklist aligned with...

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In Saudi Arabia, corporate taxpayers can carry forward Net Operating Losses (NOLs) to reduce taxable income in future years. However, under ZATCA’s tax rules, the offset is limited to 25% of annual taxable profit for each year. This blog explains...

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In Saudi Arabia, capital gains tax is a key component of the corporate income tax regime. For corporate taxpayers, gains from the disposal of assets, shares, and other capital investments are generally taxed at the 20% standard corporate tax rate,...

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Saudi Arabia’s corporate income tax framework provides a valuable capital gains tax exemption on the disposal of listed Saudi shares under specific conditions. This incentive is designed to encourage investment in the Kingdom’s capital markets. However, failure to comply with...

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Under Saudi Arabia’s Value Added Tax (VAT) Law, corporate taxpayers can recover input VAT on capital assets, subject to specific rules and adjustment mechanisms. This guide provides an in-depth overview of capital asset input tax deduction eligibility, adjustment periods, and...

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For corporate taxpayers in Saudi Arabia, compliance with the Zakat, Tax and Customs Authority (ZATCA) audit requirements is a crucial part of filing an accurate and timely tax return. This detailed guide explains the audit documentation standards, financial statement requirements,...

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For corporate taxpayers in Saudi Arabia, understanding how to apply Double Tax Treaty (DTT) benefits in Withholding Tax (WHT) is essential for optimizing cross-border payments. This guide explains the difference between automatic treaty rate application at the time of payment...

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For corporate taxpayers in Saudi Arabia, Withholding Tax (WHT) obligations can be significantly reduced by applying benefits under applicable Double Tax Treaties (DTTs). This guide explains how to determine treaty eligibility, apply reduced rates in WHT returns, and remain compliant...

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