Define and discuss persons subject to tax in accordance with the Saudi Tax Law?
Description
Question: 1 Explain the followings in your own words: (2 Marks)
a. Define and discuss persons subject to tax in accordance with the Saudi Tax Law?
b. How many types of tax systems are imposed in the KSA?
Question 2 “As we know that Saudi Arabian government imposing different types of taxes on commodities, services as well as residency”
Required: Explain and discuss the above sentence. You answer should differentiate betweenselective commodities tax and value added tax. Answer in your OWN words. (2 Marks).
Question 3 A resident capital company has both Saudi and non-Saudi shareholders and its capital is divided between them equally. Net income for 2019 was 3,000,000 SR and was adjusted according to the tax rules applicable in the kingdom is 3,200,000 SR. (1 Marks)
Required:
1. Compute the tax amount to be paid by the company.
2. Compute the tax amount to be paid by non-Saudi shareholders assuming that dividends paid in cash of 1,000,000 SR.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
