- Saudi Arabian Tax and Customs Authority announced the tenth wave of Phase 2 of e-invoicing
- The tenth wave covers taxpayers with at least SAR 25 million revenue subject to VAT for 2022 or 2023
- Taxpayers in this group are expected to integrate by 1 October 2024
- Phase 2 introduces additional requirements for e-invoices
- Taxpayers must integrate their e-invoice generation solutions with ZATCA’s platform, FATOORA
- ZATCA provides a minimum six-month notice to affected taxpayers before enforcement dates
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
