Tax Evasion Fine by GAZT in Saudi Arabia Tax Evasion Fine by GAZT in Saudi Arabia: The taxpayer shall be subject to a fine of twenty five percent (25%) of […]
Category Archives: KSA VAT Tax and Zakat
Tafkeer Professional Development offers Training Courses in Dubai/UK on soft skills, AML, Data Analytics, Intelligence Analysis, Fraud Investigation, Business Intelligence, Procurement and Supply Chain, Accounting and Finance
09
Apr
Apr
Tax Assessments by GAZT Tax Assessments by GAZT: The Department may, with a reasoned notification, make or amend a tax assessment within five years from the end of the deadline […]
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Mar
Mar
Tax Audits by GAZT in Saudi Arabia Tax Audits by GAZT in Saudi Arabia: The Department has the right to perform field examination (audit) to ensure fulfillment by the taxpayer of […]
Accounting and Finance, KSA VAT Tax and Zakat, Taxation Training
Estimated Tax in Saudi Taxation Calculation
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Feb
Feb
Estimated Tax in Saudi Taxation Calculation Estimated Tax in Saudi Taxation Calculation: If branches of foreign airline, sea or land freight and transportation companies operating in the Kingdom fail to […]
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Feb
Feb
Basic Concepts in Saudi Income Tax Before jumping into Income Tax Law and implementation in Saudi Arabia we must read and understand Basic Concepts in Saudi Income Tax that provides […]
Accounting and Finance, KSA VAT Tax and Zakat, Taxation Training
Can Taxpayers object to GAZT in Saudi Arabia
02
Feb
Feb
Can Taxpayers object to GAZT in Saudi Arabia? Can Taxpayers object to GAZT in Saudi Arabia: A taxpayer has the right to object to an assessment or reassessment made by […]
Accounting and Finance, KSA VAT Tax and Zakat, Taxation Training
Payment of taxes to GAZT in Saudi Arabia
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Jan
Jan
Payment of taxes to GAZT in Saudi Arabia Payment of taxes to GAZT in Saudi Arabia: A taxpayer shall pay its due tax in accordance with its declaration within one […]
Accounting and Finance, KSA VAT Tax and Zakat, Taxation Training
How to calculate Taxable Income in Saudi Arabia
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Dec
Dec
How to calculate Taxable Income in Saudi Arabia How to calculate Taxable Income in Saudi Arabia: Taxable Income is the gross income including all revenues, profits and gains of any type […]
Accounting and Finance, KSA VAT Tax and Zakat, Taxation Training
How can we pay taxes in Installments to GAZT KSA
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Dec
Dec
How can we pay taxes in Installments to GAZT KSA A taxpayer may request payment of payable amounts of tax and penalties in installments according to the following: a) A […]
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Nov
Nov
Accounting for Saudi Taxation Accounting Rules for Taxable year The taxable year of a taxpayer for all activities is the state’s fiscal year. A taxpayer’s fiscal year shall start as […]