- The Saudi General Authority of Zakat and Tax announced the selection criteria for the nineteenth wave of VAT e-invoicing system integration on December 27, 2024
- The nineteenth wave starts on September 30 and includes taxpayers with VAT-taxable revenue over 1.75 million Saudi riyals from 2022 or 2023
- Taxpayers in this wave will receive notification from the Tax Agency at least six months before the linkage is required
- The integration phase requires issuing e-invoices in a specific format and adding additional fields to the 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.
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