The Saudi General Authority of Zakat and Tax has disclosed the selection criteria for the upcoming seventh wave of linking and integrating taxpayer VAT e-invoicing systems with its Fatoora system. Starting from February 1, 2024, this wave will include taxpayers with VAT-taxable revenue surpassing 50 million Saudi riyals (US$13.3 million) in either 2021 or 2022.
Source: GVC
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