Saudi Arabia: Consultation on Proposed Amendments to Implementing Regulations to VAT Law Launched

Saudi Arabia: Consultation on Proposed Amendments to Implementing Regulations to VAT Law Launched News developments

Saudi Arabia: Consultation on Proposed Amendments to Implementing Regulations to VAT Law Launched

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.

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Marlé Van Sandwyk
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