On 7 April 2023, the Board of Directors of the Saudi Zakat, Tax, and Customs Authority (ZATCA) announced the approval of Decision No. 8-2-23 of 20 March 2023, which extends the requirements of the transfer pricing bylaws to Zakat payers. Currently, Zakat payers are generally not subject to the transfer pricing rules, except if required to comply with CbC reporting obligations. Otherwise, the transfer pricing rules only apply for Zakat payers that are shareholders in "mixed companies" to the …