GTL Summary:

Document Type: BL - Bylaws
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Decision Number: 1535-article-39
Year: 2019
Country: 🇸🇦 KSA
Official Name: Article 39 - Repealed
Last updated at: 2025-11-11 08:04:09 UTC

Footnotes

[29]Deleted by Ministerial Resolution No 2568 dated 5/9/1440H (10/05/2019). Prior to deletion, Article 39 read as follows:

'For the purpose of calculating the internal rate of return (IRR), the annual cash flows for each year shall be considered to have occurred at the end of the year.'

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