| Release Date: | 1431-11-18 |
|---|---|
| Release Tool: | Royal Decree |
| Issuance Instrument Number: | m/68 |
| Validity: | Valid |
| Date of last amendment: | 1443-10-01 |
| Summary: | By AI The Saudi Council of Ministers approved the Law of State Revenues by Decision No. (359) dated 17/11/1431 AH, based on articles from the Basic Law of Governance and the Law of the Council of Ministers. The law includes basic definitions and specifies how to collect amounts due to the state, clarifying sources of revenue such as natural resources and taxes. The law stipulates allocating a portion of the increase in revenues to the entities that achieve them, and it defines the procedures for reven... |