What is the tax treatment for expenses incurred?When Saudi persons are subject to income tax According to the income tax law in the kingdom?
Assignment Question(s): (15.0 Marks) Each Questions Carries 1.5 Marks) A resident capital company has a tax base of SAR 1,000,000 and Saudi shares in its ownership is 30%. Required: What is the tax due? Answer: 2.Taxpayer has a piece of land recorded at balance sheet a cost of SAR 100,000 and during the tax year, […]