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Document Type: Tax Law Article
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Article Number: 50
Country: 🇸đŸ‡Ļ KSA
Location: Chapter 10 - Natural Gas Investment Tax
Order: 50

Article 50 - Application of Income Tax Natural Gas Investment Tax Base

Article 50 - Application of Income Tax Natural Gas Investment Tax Base[29]

Chapter 10 - Natural Gas Investment Tax
[Repealed]

Article 50 - Application of Income Tax Natural Gas Investment Tax Base [29]

Footnotes

[29]Repealed by RD No M/70 dated 11/07/1439H (28 March 2018) with effect from 1 January 2018. Prior to deletion, the Article read as follows:

    'Income tax stipulated under paragraph (b) of Article Seven of this Law shall be applied to the natural gas investment tax base of a taxpayer subject to natural gas investment tax.

    The income tax amount paid by a taxpayer for natural gas investment tax base in accordance with paragraph (a) of this Article shall be deducted from the natural gas investment tax to be paid by the taxpayer.'