Action Required:
Read the article in the following link.
https://www.mof.gov.sa/en/docslibrary/Documents/Governmental%20Agreements/AGREEMENT%20BETWEEN%20THE%20KINGDOM%20OF%20SAUDI%20ARABIA%20AND%20Netherlands%20FOR%20THE%20AVOIDANCE%20OF%20DOUBLE%20TAXATION.doc
https://taxsummaries.pwc.com/saudi-arabia/corporate/deductions
https://taxsummaries.pwc.com/saudi-arabia/individual/taxes-on-personal-income
Test your Knowledge (Question):
Read the above article and discuss the concept related to learning outcome in response to:
What Regulations shall determine the article 22
What are the latest amendments to the TP bylaws
In response to the Saudi Arabia, what are allowable deductions, provided the expense meets the conditions?
Discuss the concept of Corporate deductions
