Saudi Arabia: Adopted Implementing Regulations of the Income Tax Law including localisation requirement
Description
Adopted Implementing Regulations of the Income Tax Law including localisation requirement
On 18 January 2021, Saudi Arabia adopted the Implementing Regulations of the Income Tax Law, requiring that taxpayers' books be kept in Saudi Arabia.
Original sourceScope
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
central bank