Article 44 of the KSA Income Tax Law, which established the Natural Gas Investment Tax, is now repealed. The repeal was enacted by Royal Decree No. M/70 dated 11/07/1439H (28 March 2018), with effect from 1 January 2018. Prior to its deletion, this article imposed a tax on any person engaged in the investment of natural gas, gas liquids, and condensates. The geographical scope of this tax formerly covered all such activities conducted within the Kingdom of Saudi Arabia, its designated exclusive economic region, and its continental shelf, targeting the entire value chain.
Document Type: Tax Law Article Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004) Article Number: 44 Country: 🇸🇦 KSA Location: Chapter 10 - Natural Gas Investment Tax Order: 44 Last updated at: 2025-12-19 09:23:03 UTC
Chapter 10 - Natural Gas Investment Tax [Repealed]