SZTAC 120/2020/IAR;2018/1515/Z
Type
Case
Court
Saudi Arabia Zakat and Tax Appeal Committees
Jurisdiction
Saudi Arabia
Taxonomy
Taxes Management
Decision date
18 Nov 2020
Catchwords
Taxes Management - Zakat
The rule to resolve the dispute regarding whether or not the distributed profits are subject to Zakat, shall be governed by a Shari’aa control to the effect that the Zakat amount of the taxpayer is available when a full lunar year has elapsed. There is no reliable Sharia evidence to determine that Zakat shall be imposed on funds that the taxpayer no longer owns after it was owned by others before a full lunar year has elapsed.