The provisions of the Income Tax Law issued by Royal Decree no. M/1, dated 15/01/1425 H come into effect as of 13/06/1425 H, corresponding to 30/07/2004 as stipulated in Article 80 of the Income Tax Law published in the Official Gazette, issue no. 3990, dated 11/03/1425 H, corresponding to 30/04/2004. These Regulations shall also be deemed effective from the effective date of the Law.

The provisions of the Income Tax Law and Regulations apply to tax years that start after 13/6/1425H, corresponding to 30/07/2004.

Withholding tax provisions referred to in Article 68 of the Income Tax Law apply to payments made on or after 13/6/1425 H, corresponding to 30/7/2004.