The General Resolution 4157-E of the Federal Tax Administration was published on November 17, 2017 in the official gazette for updating the requirements and formalities listed in General Resolution 2681 to be complied by tax-exempt entities. These tax exempt entities are established under article 20 of Income Tax Law. Besides that, new article 21 describes about the conditions for renewing the tax-exempt entities.

The provisions of this general resolution shall enter into force on the day of its publication in the Official Gazette that means on November 17, 2017. This will be applicable for applications for recognition of exemption from March 1, 2018.