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Document Type: BL - Bylaws
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Decision Number: 1535-article-42
Year: 2019
Country: 🇸đŸ‡Ļ KSA
Official Name: Article 42 - Repealed

Ministerial Resolution No. 1535 of 2004 [Executive Bylaws]

Executive Regulations of the Income Tax System

Footnotes

[32]Deleted by Ministerial Resolution No 2568 dated 5/9/1440H (10/05/2019). Prior to deletion, Article 42 read as follows:

'The cumulative annual cash flows, and consequently the internal rate of return (IRR), for a specific year, shall be the base for determining the natural gas investment tax rate to be applied to the taxpayer for the following year.'