07 May 2018 Saudi Arabia's Higher Appeal Committee determines tax assessment should be based on tax return and audited financial statement information The Saudi Arabian Higher Appeal Committee (HAC) has upheld a taxpayer's position that in a case where the audited financial statements have been filed and all the required information has been provided in support of the tax returns, the General Authority for Zakat and Tax (GAZT) cannot disregard the financial statements as filed and raise an arbitrary assessment. Document ID: 2018-0959 |
