- Saudi Arabian Tax and Customs Authority announced the 18th wave of Phase 2 of the e-invoicing initiative
- This wave targets taxpayers with a minimum revenue of SAR 2 million from 2022 or 2023 who were also subject to VAT
- Affected taxpayers must integrate with the ZATCA system by August 31, 2025
- Phase 2 requires integration of e-invoice generation solutions with ZATCA’s platform, FATOORA
- ZATCA gives a six-month notice to taxpayers before the enforcement date
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.
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