Question: Explain the following in your own words: a. What do you mean by the tax system in KSA? Is the tax system is good or

Explain the following in your own words:

a. What do you mean by the tax system in KSA? Is the tax system is good or bad? Support your answer

b. Under the Tax Law, who are the person or artificial person subject to the tax in Saudi Arabia?

c. How many types of tax systems are prevailing in the KSA?

d. The Tax Law provides that income from the following specific types of activities/sources is considered taxable in KSA

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1 Saudi Arabia operates in two tax systems The tax regime that applies to companies owned by Saudi nationals and companies that are owned by foreigner... View full answer

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