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Saudi Arabia issues amendment to Executive Regulations for Zakat Collection

|Tax Alerts, National/Federal Taxation, Global|Saudi Arabia
Saudi Arabia
  • Saudi Arabia has issued an amendment to a provision of Ministerial Resolution No.1007, concerning the Executive Regulations for Zakat Collection (Bylaws).
  • The amendment, issued through Ministerial Resolution No. 947, extends the application period until 30 April 2025 to apply the provisions of the Executive Regulations for fiscal years that started before 1 January 2024.
  • Zakat payers who wish to file an application to apply the Bylaws' provisions for fiscal years prior to 1 January 2024 should rev…

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