Al Madina, 27 September 2021: Saudi Arabia’s General Authority of Zakat and Tax has announced it has launched a consultation on proposed amendments to the Implementing Regulations to the VAT Law.
If approved, taxpayers will be able to assign a third party to issue tax bills on their behalf.
Taxpayers should also issue a tax bill for goods supplies and services they provide to another person or to a legal one.
In addition, the tax bill should be issued according to the date of supply.
For full story, click here.
To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.
Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.