Zakat & Tax

Who counts as Saudi and who does not (GCC nationals, indirect ownership, shares bought for trading on the exchange), how two independent bases are built — zakat at 2.5% on the Saudi share and tax at 20% on the foreign share — with a worked example, and the deadlines, advance payments and penalties that differ between the two parts, from the 1445H Zakat Regulation and the Income Tax Law. ... Read more

Which tax applies to which property transaction: 5% RETT on sales, 15% VAT on commercial leases, residential leases exempt. Who pays and when, the restructuring exemptions and the conditions that are easily lost, and the "real estate company" test — from the 1446H Real Estate Transaction Tax Law, its Regulation and the VAT Regulation. ... Read more

What happens after ZATCA rejects your objection: the thirty-day window, settlement or a direct claim, when ZATCA's decision becomes immune, what the statement of claim must contain, and the SAR 50,000 appeal threshold — from the 1445H Working Rules of the Zakat, Tax and Customs Committees. ... Read more

ZATCA’s examination and assessment powers, the five- and ten-year windows, the ten-working-day response period, the burden of proof, and an eight-item readiness checklist — from the Zakat Regulation and the Income Tax Law. ... Read more