OrbitaxSaudi Tax Authority Issues English-Language VAT Guidance on Economic Activity, Input Tax, Imports and Exports, and Invoicing and Records
|Approved Changes|Saudi Arabia
The Saudi General Authority of Zakat and Tax (GAZT) has published several English-language guidelines on value added tax (VAT) dated September 2018. These include:
- VAT Economic Activity Guideline - provides additional clarification to taxpayers with respect to the interpretation and definition of Economic Activity for VAT purposes, which is one of the fundamental and essential terms for the i…
