What Regulations shall determine the article 22. What are the latest amendments to the TP bylaws. In response to the Saudi Arabia, what are allowable deductions, provided the expense meets the conditions?

Action Required:

Read the article in the following link.

• https://www.mof.gov.sa/en/docslibrary/Documents/Governmental%20Agreements/AGREEMENT%20BETWEEN%20THE%20KINGDOM%20OF%20SAUDI%20ARABIA%20AND%20Netherlands%20FOR%20THE%20AVOIDANCE%20OF%20DOUBLE%20TAXATION.doc
• https://taxsummaries.pwc.com/saudi-arabia/corporate/deductions
• https://taxsummaries.pwc.com/saudi-arabia/individual/taxes-on-personal-income

 Test your Knowledge (Question):

Read the above article and discuss the concept related to learning outcome in response to

• What Regulations shall determine the article 22.

• What are the latest amendments to the TP bylaws .

• In response to the Saudi Arabia, what are allowable deductions, provided the expense meets the conditions?

• Discuss the concept of  Corporate deductions.