What Regulations shall determine the article 22What are the latest amendments to the TP bylaws 

 Action Required:

Read the article in the following link.

https://www.mof.gov.sa/en/docslibrary/Documents/Governmental%20Agreements/AGREEMENT%20BETWEEN%20THE%20KINGDOM%20OF%20SAUDI%20ARABIA%20AND%20Netherlands%20FOR%20THE%20AVOIDANCE%20OF%20DOUBLE%20TAXATION.doc

https://taxsummaries.pwc.com/saudi-arabia/corporate/deductions

https://taxsummaries.pwc.com/saudi-arabia/individual/taxes-on-personal-income

 Test your Knowledge (Question):

Read the above article and discuss the concept related to learning outcome in response to

  • What Regulations shall determine the article 22
  • What are the latest amendments to the TP bylaws
  • In response to the Saudi Arabia, what are allowable deductions, provided the expense meets the conditions?
  • Discuss the concept of  Corporate deductions