The Zakat. Tax and Customs Authority (ZATCA) has issued this Circular to clarify the VAT laws and provisions concerned with certain supplies of services in the financial and their application in specific circumstances.
This Circular has been issued for informational only and its content shall not be construed to constitute an amendment or change to any of the tax laws currently in in the Kingdom. The content Of this Circular does not include, or purport to include, all the relevant legal provisions relating to the subject matter. The Circular is not binding on the Authority, nor any taxpayer, and is used in the context Of its intended explanatory purposes.
Source Zatca
