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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) published new draft Zakat Bylaws (Draft Bylaws) for public consultation. The Draft Bylaws aim to clarify …

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