GTL Summary:

Document Type: Tax Law Article
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Article Number: 51
Country: 🇸🇦 KSA
Location: Chapter 10 - Natural Gas Investment Tax
Order: 51
Last updated at: 2025-11-04 11:19:41 UTC

Chapter 10 - Natural Gas Investment Tax
[Repealed]

Article 51 - Separate Tax Base and Reporting for Gas Contracts and Activities [30]

Footnotes

[30]Repealed by RD No M/70 dated 11/07/1439H (28 March 2018) with effect from 1 January 2018.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:

  1. 'For the purpose of calculating the natural gas investment tax, the taxpayer's natural gas investment tax base for each gas exploration and production contract or agreement with the Government shall be deemed independent of the natural gas investment tax base or any other gas exploration and production contract or agreement. The taxpayer shall file separate tax declaration and audited closing accounts for each gas exploration and production contract or agreement.

  2. A taxpayer's natural gas investment tax base shall be deemed independent of the tax base for its other activities that are not related to its natural gas investment activity. The taxpayer shall file a tax declaration and audited closing accounts for its natural gas investment tax activity separate from its other activities.'

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