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Document Type: Tax Law Article
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Article Number: 80
Country: 🇸đŸ‡Ļ KSA
Location: Chapter 16 - Concluding Provisions
Order: 80

Article 80 - The Law's Entry into Force

Article 80 - The Law's Entry into Force

Chapter 16 - Concluding Provisions

Article 80 - The Law's Entry into Force

  1. This Law shall be published in the Official Gazette and shall enter into force after 90 days from its publication date.

  2. This Law shall apply to taxable years beginning after the date of its entry into force. As for taxable years starting on or prior to the date of its entry into force, they shall be subject to tax laws in effect prior to the issuance of this Law.

  3. This Law shall repeal the Income Tax Law issued by Royal Decree No. (3321) dated 21/1/1370H and its amendments, the Law of Additional Income Tax on Companies Engaged in Production of Oil and Hydrocarbons issued by Royal Decree No. (7634) dated 16/3/1370H and its amendments, and the Natural Gas Investment Tax Law issued by Royal Decree No. (M/37) dated 25/6/1424H.

  4. Tax withholding provisions stipulated in Article 68 of this Law shall become effective from the date the Law enters into force.