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Q-2-What do you mean by Zakat, in your opinion what are the certain updates on the Tax and Zakat regulations in kingdom of Saudi Arabia?

Q-2-What do you mean by Zakat, in your opinion what are the certain updates on the Tax and Zakat regulations in kingdom of Saudi Arabia?

Question 4 Now a days Saudi Government is focusing the taxation revenue. Saudi Arabian government imposing different types of taxes on commodities, services as well as residency (2 marks) Support your answer to the above case study and differentiate between selective commodities tax and value added tax in your own words. Compare the VAT with past and present

Please NO hand writing and simple language. Thank you.

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