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The General Authority of Zakat, Tax, and Customs (ZATCA) (Arabic: هيئة الزكاة والضريبة والجمارك) is a government agency under the Ministry of Finance in Saudi Arabia that is responsible for the assessment and collection of taxes and zakat, a form of obligatory almsgiving in Islam.
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
Though these payments qualified for § 162 deduction as expenses paid in the course of the opticians' trade or business, the IRS argued that the expenses should be disallowed as against public policy. [8] While the Court disapproved of the business ethics displayed by the opticians, the Court upheld the deductions as valid under the Code. [8]
For first-time visitors, especially ones who aren’t familiar with the Middle East or Muslim-majority countries, it’s critical to do some research before setting off to Saudi Arabia.
Riyadh Municipality (RM) (Arabic: أمانة الرياض, romanized: Amānat ar-Riyāḍ, lit. 'Protectorate of Riyadh'), officially the Riyadh Region Municipality [ 1 ] or the Municipality of Riyadh , is a municipal body which has jurisdiction upon overall city services and the upkeep of facilities in Riyadh , Saudi Arabia and the Riyadh ...
The government of the Republic of Korea announced that from April 1, 2023 to December 31, 2025, a K-ETA is not required for 27 countries citizens visiting Korea for 90 days or less for business or tourism. [155] Kosovo: Visa not required [156] [157] 90 days Kuwait: Freedom of movement [158] Freedom of Movement. ID card valid. Kyrgyzstan
A tax deduction or benefit is an amount deducted from taxable income, usually based on expenses such as those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits. The difference between deductions, exemptions, and credits is that deductions and exemptions both reduce taxable ...
There are seven UNESCO World Heritage Sites in Saudi Arabia inscribed from 2008 to 2023; [13] they are as follows: . Al-Ahsa Oasis. Al-Ahsa Oasis: The Al-Ahsa Oasis is a serial property comprising gardens, canals, springs, wells and a drainage lake, as well as historical buildings, urban fabric and archaeological sites.