Tax Alert - September 2020
Tax Alert - September 2020
Draft Electronic Invoicing Regulations
The General Authority of Zakat and Tax (GAZT) has recently issued the draft regulations for Electronic Invoicing (e-invoicing) on its website. The move to e-invoicing by GAZT is intended to improve the efficiency of the filing process for taxpayers. The aim of the Authority is also to increase compliance with tax laws and regulations and to improve the Kingdom’s alignment with, and adherence to, international standards.
GAZT has called for comments and suggestions on the draft regulations to be sent by taxpayers and tax experts before 17 October 2020. Submissions can be sent directly to GAZT at the email address found here.
KPMG will be submitting comments on the draft regulations and we invite you to connect with us and to share your thoughts.
Get in touch
Riyadh Office
Wadih Abu Nasr Head of Tax, KSA and Levant |
Nick Soverall Senior Director, Head of Indirect Tax, KSA |
Peter Bourke Senior Director, M&A/ Int’l Tax |
Mohamed Araji Senior Director, FS/ Tax Reimagined |
Ali Sainudheen Director, Tax & Zakat Compliance |
Stefan El Khouri Director, Transfer Pricing |
Pascal Cange Senior Tax Advisor, Customs and International Trade |
Youssef Aoun Director, Tax technology Lead |
Jeddah Office
Mohamed ElSwefy Senior Director, Family Office & Private Clients |
Faisal Tanvir Director, Tax & Zakat Compliance |
Khobar Office
Tareq Al Sunaid Partner, Head of Domestic Tax |
Mohammad Kamran Sial Senior Director, Tax & Zakat Compliance |
Anil Bahl Director, Khobar |
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