Thursday, November 21, 2024

Tax Alert: Income Tax for Resident Natural Persons in Saudi Arabia

Published:

The Zakat, Tax, and Customs Authority (ZATCA) of Saudi Arabia has released a comprehensive tax bulletin clarifying the application of income tax to resident natural persons in the Kingdom. This document outlines key aspects such as residency criteria, tax rates, income sources, tax base calculations, and compliance obligations. The bulletin aims to provide clarity and guidance for non-Saudi residents engaged in commercial activities within the country.

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