Direct Tax
(In Arabic: ضرائب مباشرة) A tax imposed directly on the taxpayer, such as income tax.
Disclosure form
(In Arabic: نموذج إفصاح) The document or set of documents that the Taxpayer must submit to the Authority pursuant to Article 14 of Transfer
Double Taxation Agreement
(In Arabic: اتفاقية ازدواج ضريبي) It is an international agreement concluded between a country and other countries for the purposes of avoiding double taxation
E-Invoicing
(In Arabic: فوترة إلكترونية) A procedure aimed at converting the billing process and paper amendments into an electronic process that allows the exchange of
Economic Activity
(In Arabic: نشاط اقتصادي) This is a broad term referring to the business activities which are - in principle - subject to VAT. This
Electronic Invoice
(In Arabic: فاتورة إلكترونية) An invoice that is issued, saved, and modified in an electronic form organized through an electronic system, and contains all
Electronic Notes
(In Arabic: تعديلات الفاتورة الإلكترونية) Debit notes and credit notes that must be issued in accordance with the VAT Law and its Implementing Regulation,
Eligible Used Goods
(In Arabic: بضائع مستعملة مؤهلة) Goods prescribed by Zakat, Tax, and Customs Authority as eligible for calculating VAT based on profit margin.
Examination
(In Arabic:الفحص) An audit on the compliance of a Taxable Person with his VAT obligations, carried out by Zakat, Tax, and Customs Authority at
Exchange of Information Agreement
(In Arabic: اتفاقية تبادل معلومات) An agreement concluded between a country and other countries to improve international tax compliance, which provides for the exchange
مكتب رقم 12 – برج بنك التنمية حي الغدير، الرياض، المملكة العربية السعودية
