- The Saudi General Authority of Zakat and Tax (GAZT) announced the selection criteria for the twenty-first wave of linking and integrating taxpayer VAT e-invoicing systems into the Fatoora system.
- The twenty-first wave of e-invoicing integration will begin no later than November 30, 2024, for taxpayers with VAT-taxable revenue exceeding 1.25 million Saudi riyals (US$333,279) in 2022, 2023, or 2024.
- The Tax Agency will notify businesses selected for integration at least six months before their required linkage date.
- The integration phase requires businesses to issue e-invoices in a specified format, including additional required fields.
Source: globalvatcompliance.com
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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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