| Type: | Research |
|---|---|
| Author: | Dr. Ahmed A Altawyan |
| Year of issuance : | 2022 |
| Summary: | By AI This paper clarifies the scope of imposing zakat and income tax on
Saudis and non-Saudis, as per Saudi law and the Saudi tax system. In Saudi
law, the imposition of income tax on a taxpayer is based not only on
nationality, but also on residency status. For instance, nonresidents have to
pay taxes regardless of their nationality. Likewise, the liability of zakat is not
restricted to Saudis. In some cases, shares of non-Saudi partners in resident
companies—owned by non-Saudi founders—listed... |