GTL Summary:

This Resolution constitutes the Executive Bylaws for the KSA Income Tax Law, providing detailed procedural and substantive rules for its implementation. The specific provisions in the provided text (Article 46) previously addressed the tax compliance obligations for taxpayers engaged in natural gas investment activities. It mandated the maintenance of separate audited accounts, the submission of independent tax returns for gas processing or transportation, and a certified statement allocating joint revenues and expenses. This particular Article was subsequently deleted by a later Ministerial Resolution, reflecting an update to the regulatory framework for this sector.

Document Type: ERS - Executive Regulations
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Decision Number: executive-regulations-1535-article-46
Year: 2019
Country: 🇸🇦 KSA
Official Name: Article 46 - Repealed
Last updated at: 2026-01-05 08:39:39 UTC

Footnotes

[36]Deleted by Ministerial Resolution No 2568 dated 5/9/1440H (10/05/2019). Prior to deletion, Article 46 read as follows:

'In the event the taxpayer engages in the activity of natural gas processing or fractionation in permitted independent plants or in transportation of natural gas for third parties through a permitted independent pipeline, the taxpayer shall keep separate audited accounts for such activities and submit an independent tax return in respect thereof. The taxpayer shall also submit to the Department a statement of its joint revenues and expenses allocated among its various activities in the field of natural gas investment and certified by a certified public accountant licensed to work in the Kingdom.

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