GTL Summary:

This Resolution establishes the Executive Bylaws for the KSA Income Tax Law, providing detailed rules for its implementation. The enacting terms were not specified in the provided text. The specific article included, Article 24, focuses on the energy sector by defining a 'gas producer'. A party qualifies under this definition if it is engaged in the production, gathering, treatment, and processing of natural gas, as well as the fractionation of natural gas liquids. This clarification is essential for applying the correct tax treatment to entities involved in the natural gas industry in the Kingdom.