The Zakat, Tax and Customes Authourity (”ZATCA”, ”Authourity“) issued this Simplified Guideline for the purpose of clarifying certain treamtments concerning the implementation of the statutory provisions in force as of the Simplified Guideline issue date. The content of this Simplified Guideline shall not be considered an amendment to any of the provisions of the Laws and Regulations applicable in the Kingdom.
Furthermore, the Authority would like to highlight that the clarifications and indicative taxtreatments, where applicable, shall be implemented by the Authority in light of the relevant statutory texts. Where any clarification, interpretation or content provided in this Simplified Guideline is modified - in relation to unchanged statutory text - the updated indicative tax treatment shall then be applicable prospectively concerning transactionss made after the publication date of the updated version of the Simplified Guideline on the Authority's website