SZTAC 22/2020/IR;1481/2018/I
The taxpayer who is subject to the income tax system is not required to pay the tax due on him based on the decision of the committees for adjudicating tax violations and disputes as a condition for accepting his appeal of that decision.
Background
First: The approval of the Authority in rejecting the objection in form submitted by the taxpayer / an institution .... on the tax assessment made by the General Authority for Zakat and Income for the period from 01/01/2013 AD to 04/01/2015 AD.
Since this decision was not accepted by the appellant (institution ...), I submitted to the Department a statement of appeal that included the following summary:
The institution in charge objected to the tax assessment submitted by the Authority on all amounts received from it, amounting to (169,237), because the Authority made the assessment on a discretionary basis without regard to the sale contracts signed with the Saudi investor, according to which the foreign investor did not achieve profits as a result of that sale.