SZTAC 132/2020/IAR;2018/1568/Z 1
It is necessary to confirm with reliable evidence that the taxpayer has intended to sell the projects in progress in their condition at the time of implementation or that there is an evidence indicating sales processes of them in their current condition, so that they are considered as being subject to Zakat.
Background
On Wednesday, 01/05/1442 AH corresponding to 16/12/2020, the First Appellate Circuit of Income Tax Violations and Disputes constituted according to Saudi Arabia Royal Order No. 65474/1439 dated 23/12/1439 AH as per paragraph (B) of Article 67 of Income Tax Law promulgated by Saudi Arabia Royal Decree No. M1/1425 dated 15/1/1425 AH amended by Saudi Arabia Royal Decree No. M113/1438 dated 20/11/1438 AH, is held at its headquarters in Riyadh,
to consider the appeal brought by ..... Company on 07/08/1438 AH, to challenge the First Instance Tax Zakat Objection Committee in Riyadh decision No. (12) of 1438 issued in Case No. (7) of 1437AH filed by the appellant against GAZT, in which the preliminary decision determined that:
First:
To admit in form the objection submitted by .... Company to challenge the Zakat assessment for 2011-2013 made by GAZT.
Second: On merits: