Saudi Arabia: new system to pay Tax and Zakat postponed by one year
As previously reported, the General Authority of Saudi Arabia issued Circular Number 6768/16/1438 on 4 December 2016, according to which listed companies of Saudi stock exchange were supposed to pay tax and Zakat based on the nationality of the
See MoreSaudi Arabia-new requirements regarding tax and zakat returns of Saudi listed companies
The General Authority for Zakat and Tax (GAZT) of Saudi Arabia published Circular Number 6768/16/1438 (the Circular) on 4 December 2016 (5/3/1438H) according to which Saudi listed companies are now required to pay tax and zakat based on the
See MoreArgentina -new installment plan for settling tax debts
The Tax Authorities of Argentina have introduced a special installment plan regime General Resolution No. 3806/2015 to settle up tax debts, customs and social security debts. The regime initiates payment plans of up to 120 monthly installments at a
See MoreGreece: Income Tax Law Amendments Published in the Official Gazette
Greece published the amended income tax law in the official Gazette on 14 August 2015. Law 4334/2015 makes amendments which have immediate effect. The 2% discount granted in case of lump-sum payment of personal income tax (including business tax
See MoreNigeria: System allowing electronic tax payment
The Federal Inland Revenue Service has announced an e-tax system that permits taxpayers to make electronic remittances. All taxes and levies payable to the tax administration in Nigeria can be paid by using this new
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