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April 23, 2024

ACCT422 TAX AND ZAKAT ACCOUNTING

Q1. The Saudi Income Tax Law have distinguished between Saudi-owned entities and non-Saudi persons and entities. Discuss the difference between the two groups with regards to income tax law? (5 Marks) Answer: Q2. Explain how the tax base is calculated according to Article (6) of the income tax law. (5 Marks) Answer: Q3. Discuss the types of activities that are considered taxable according to Saudi income tax. (5 Marks) Answer:

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