Highlights
- E-Invoicing: Saudi tax authorities (ZATCA) announced the launch of the E-Invoicing Developer Portal (Sandbox)
- ZATCA announced legislative pieces on e-invoicing for public consultation
- Saudi Arabia: Exemption from fines and financial penalties initiative
- KSA Tax Authority publishes a newly updated VAT Guideline on Employee Benefits
- KSA Tax Authorities announces a tax amnesty effective from 1 June 2022 to 30 November 2022
E-Invoicing
- E-invoicing Phase 2 Developments: Launch of the e-invoicing portal & Proposed changes to e-invoicing rules
- Electronic invoices test sandbox for testing prior to Jan 2023 full integration
- FATOORAH, electronic invoicing project phase 2 as January, 2023
- KSA Tax Authorities to subsidize the purchase of e-invoicing Software solutions for Taxpayers
- Mandatory E-Invoicing Phase 2 (Jan 1, 2023): “integration phase” all invoicing systems must be compatible with the ZATCA system
- New e-invoicing system in KSA
- Saudi tax authorities (ZATCA) announced the launch of the E-Invoicing Developer Portal (Sandbox)
- ZATCA announced legislative pieces on e-invoicing for public consultation
Employee Benefits
Other
Penalties
- Penalty waiver relaunched for all taxes, including VAT and excise tax
- Saudi Arabia: Exemption from fines and financial penalties initiative
- ZATCA Exempts Its Taxpayers from Fines and Financial Penalties
Rate
- Al-Jadaan: Saudi Arabia will ‘ultimately’ consider cutting VAT
- Saudi Arabia will eventually consider reducing VAT – Finance Minister
Reporting
Tax Amnesty
VAT Law
