GTL Summary:

This Resolution constitutes the Executive Bylaws for the KSA Income Tax Law issued by Royal Decree No. M/1. The provided text highlights a key amendment, specifically the repeal of Article 23 by Ministerial Resolution No. 2568 of 2019. Prior to its repeal, this Article provided crucial definitions for the natural gas investment tax regime. It specified the meaning of terms such as 'Exploration', 'Production', 'Gathering', and 'Treatment Activities', which were fundamental to determining the tax base for entities engaged in the exploration and production sector within the Kingdom of Saudi Arabia.

Document Type: ERS - Executive Regulations
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Decision Number: executive-regulations-1535-article-23
Year: 2019
Country: 🇸🇦 KSA
Official Name: Article 23 - Repealed
Last updated at: 2026-01-05 08:39:39 UTC

[ARTICLE 23 REPEALED][17]

Footnotes

[17]Deleted by Ministerial Resolution No 2568 dated 5/9/1440H (10/05/2019). Prior to deletion, Article 23 read as follows:

The terms "Exploration, Production, Gathering and Treatment Activities" means all operations of the exploration and production sector, including geological and engineering surveys, exploration, drilling, evaluation, development, production, gathering of production and treatment and initial preparation of gas'

Fast-loading version for search engines - Click here for the interactive version