Public Consultation

GAZT is keen to review  specialists' and the public's comments about the regulations before issuing or amending them.

Transfer pricing refers to specific activities of multinational enterprise groups (MNEs) in setting prices for intercompany transactions between the companies that form part of such MNEs; these companies are commonly referred to as ‘related parties” or “parties under common control”.

General Authority for Zakat and Tax (GAZT) announces the publication of the draft executive regulations for Zakat’s collection, which comes in implementation of the Royal Decree No. (40), dated 2/7/1405 Hijri, after making some amendments on the regulation content.