ACCT422 TAX AND ZAKAT ACCOUNTING

Q1. The Saudi Income Tax Law have distinguished between Saudi-owned entities and
non-Saudi persons and entities. Discuss the difference between the two groups with
regards to income tax law?
(5 Marks)
Answer:
Q2. Explain how the tax base is calculated according to Article (6) of the income tax law. (5
Marks)
Answer:
Q3. Discuss the types of activities that are considered taxable according to Saudi income tax.
(5
Marks)
Answer: