- Saudi General Authority of Zakat and Tax announced criteria for twelfth wave of linking and integrating taxpayer VAT e-invoicing systems
- Twelfth wave begins on Dec. 1 for taxpayers with VAT-taxable revenue exceeding 10 million Saudi riyals in 2022 or 2023
- Tax Agency will notify taxpayers in the twelfth wave at least six months before required linkage date
- Linking and integration phase involves additional requirements, including issuance of e-invoices based on specific format and inclusion of additional fields on invoices
Source: news.bloombergtax.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.
Latest Posts in "Saudi Arabia"
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
- Saudi Arabia Launches VAT Refund Service for Tourists to Boost Economic Diversification and Tourism
- Saudi Arabia’s ZATCA Phase 23 E-Invoicing: Key Compliance Steps for 2025 Roll-Out
- Saudi Arabia Introduces VAT Refund Program to Boost Tourism and Shopping Experience