On 28/11/1441 AH, corresponding to 19/07/2020, the First Appellate Circuit of Income Tax Violations and Disputes convened at its headquarters in Riyadh to consider the appeal brought by a branch of a company on 10/08/1439 AH, corresponding to 26/04/2018. It challenged the Second Circuit of the First Instance Tax Zakat Objection Committee in Riyadh decision No. (17) of 1439 issued in Objection No. (30/38) filed by the appellant against the GAZT, in which the preliminary decision determined that:

First: To admit the objection submitted by a company’s branch.

Second: On merits:

• 1. To dismiss the taxpayer’s objection to withholding tax on technical services provided by the head office.

• 2. To settle the dispute regarding the income tax item on the unrealised currency differences profits.

• 3. To settle the dispute regarding the income tax item on withholding taxes recovered.

• 4. To dismiss the taxpayer’s objection to the social insurance difference clause.

• 5. To dismiss the taxpayer’s objection to the delay penalty item.