GTL Summary:

This Resolution constitutes the Executive Bylaws for the KSA Income Tax Law, providing detailed regulations for its implementation. The provided text details the former provisions of Article 50, which specifically addressed the tax and Zakat obligations for entities subject to the Natural Gas Investment Tax. This article, now deleted by a subsequent resolution, stipulated the requirement to file separate tax and Zakat returns. It also clarified the payment mechanism where tax liability exceeded the Zakat due, allowing for the deduction of previously overpaid Zakat amounts against the tax difference, ensuring clear compliance for affected taxpayers.

Document Type: ERS - Executive Regulations
Law: Income Tax Law (Royal Decree No M/1 - 21 Feb 2004)
Decision Number: executive-regulations-1535-article-50
Year: 2019
Country: 🇸🇦 KSA
Official Name: Article 50 - Repealed
Last updated at: 2026-01-05 08:39:39 UTC

Footnotes

[40]Deleted by Ministerial Resolution No 2568 dated 5/9/1440H (10/05/2019). Prior to deletion, Article 50 read as follows:

If the taxpayer subject to natural gas investment tax is also subject to Zakat provisions administered by the Department, the taxpayer shall submit a return of its due Zakat for each year, in addition to its tax return in accordance with the provisions of the Law, and pay the due Zakat. IF tax exceeds Zakat, the taxpayer shall pay the difference after deducting the amounts of Zakat previously paid in excess of the due tax for the previous year(s).

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