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Saudi Arabia releases new draft Zakat Bylaws for public consultation

|Tax Alerts, Information Reporting, Legis ...|Saudi Arabia
Saudi Arabia

  • Saudi Arabia's Zakat, Tax and Customs Authority has released new draft Zakat Bylaws for public consultation.
  • The new draft Zakat Bylaws aim to provide greater clarity on existing zakat regulations and zakat compliance.
  • Public consultation on the new draft Zakat Bylaws is open until 17 October 2023.

Executive summary

On 17 September 2023, the Saudi Arabian Zakat, Tax and Customs Authority (ZATCA) publi…