This Article, now repealed, established a specific rule for the natural gas investment tax. It stipulated that the provisions outlined in paragraph (c) of Article 7 of the KSA Income Tax Law were not applicable to the gas investment tax base for any taxpayer subject to this specific tax. This created a legislative carve-out for the natural gas sector. The article was officially repealed by Royal Decree No. M/70, dated 11/07/1439H (28 March 2018), with the repeal becoming effective from 1 January 2018, thereby removing this special provision from the law.
Document Type: Tax Law Article Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004) Article Number: 54 Country: 🇸🇦 KSA Location: Chapter 10 - Natural Gas Investment Tax Order: 54 Last updated at: 2025-12-19 09:23:03 UTC
Chapter 10 - Natural Gas Investment Tax [Repealed]
Article 54 - Non-application of Article 7(c) to Gas Investment Tax Base [33]