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Document Type: Tax Law Article
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Article Number: 58
Country: 🇸đŸ‡Ļ KSA
Location: Chapter 11 - General Provisions
Order: 58

Article 58 - Books and Records

Article 58 - Books and Records

Chapter 11 - General Provisions

Article 58 - Books and Records

  1. A taxpayer, except for those that do not have a permanent establishment in the Kingdom, shall maintain the necessary commercial books and accounting records in Arabic for precise determination of the tax payable by it.

  2. The Department retains the right not to allow a deduction if the taxpayer is unable without reasonable excuse to produce a document of the expense or evidence supporting the legitimacy of its claim for the deduction.