GTL Summary:

This Resolution establishes the Executive Bylaws for the KSA Income Tax Law, providing essential implementation rules and clarifications. The Articles within these Bylaws detail the practical application of the Law's provisions. Based on the provided text, the Bylaws define specific taxable activities and terms, such as 'Exchange or Transfer' concerning Natural Gas and related products moving between a taxpayer's independent activities or related parties. This exemplifies the Resolution's role in delineating the scope of taxable transactions, particularly within the energy sector, to ensure precise application of the Income Tax Law and facilitate taxpayer compliance.