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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.
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.
A reduction of tax (credit) is often provided in income tax systems for similar income taxes paid to other countries (foreign taxes). [1] [additional citation(s) needed] This is generally referred to as a foreign tax credit. Amounts in excess of income tax are usually nonrefundable. [2]
A new income tax law, passed in 1997 and effective 1998, determined residence as the basis for taxation of worldwide income. [168] The Philippines used to tax the foreign income of nonresident citizens at reduced rates of 1 to 3% (income tax rates for residents were 1 to 35% at the time). [169]
In 2012, compliance with the international payment card security standard (PCI) was achieved. In 2015, the new identity of the Saudi Payment Network, Mada, was launched. In 2016, Union Pay Cards were accepted. In 2017, two new payment services, Mada Atheer and Mada Naqd, were launched. In 2018, Mada e-Commerce service and Apple Pay were introduced.
Income limits: There are income limits for both new and used EV tax credits. For new EVs, your AGI must be below $300,000 for married filing jointly, $225,000 for head of household and $150,000 ...
Established in March 2020 by King Salman against the backdrop of the surging COVID-19 pandemic, [1] [2] it is the official promoter of the Visit Saudi program [3] and supervises tourism-related marketing campaigns domestically and internationally. [4]
Riyadh had a population of 7.0 million people in 2022, making it the most-populous city in Saudi Arabia, 3rd most populous in the Middle East, and the 38th most populous in Asia. [9] The first mention of the city by the name Riyadh was in 1590, by an Arab chronicler. [10]