The <a style="color: #993300;" href="https://zatca.gov.sa/ar/pages/default.Zakat, Tax and Customs Authority Zakat Collection Rules, which includes defining all the provisions and controls associated with not being subject to Zakat collection for a taxpayer owned by an endowment.

The Authority said in a statement that the rules apply to the taxpayer subject to the Zakat Collection, who is fully owned (directly or indirectly) by one or more endowments, provided that the endowment is established in the Kingdom and documented by regular methods, in addition to meeting the criteria stipulated in the rules.

The Authority said in a statement that the rules include all the provisions and regulations associated with the non-subjection to Zakat collection. <The rules include a number of controls and provisions, most notably that the taxpayer must submit - annually - a request not to be subject to <a style="color: #993300;" href="https://amlak.net. to collect Zakat according to the form prepared by the Authority, along with the required documents, provided that the application is submitted within the statutory period indicated in Article (seventeenth) of the Executive Regulations Zakat Collection.

The Authority indicated that the application should be submitted within the statutory period indicated in Article (seventeenth) of the Executive Regulations Zakat Collection.

The Authority indicated that the rules apply to fiscal years beginning on and after January 1, 2023, and may - upon the taxpayer's request - be applied to fiscal years to which the Zakat Collection Executive Regulation issued by Ministerial Resolution No. (2216) dated Rajab 7, 1440 AH, has not issued a final decision by the Authority to submit to it.

The Authority said that the rules are applicable to fiscal years beginning on and after January 1, 2023.

The <a style="color: #993300;" href="https://amlak.net.The Zakat, Tax and Customs Authority urges all taxpayers and interested parties to review the rules of not being subject to Zakat collection by visiting its website (zatca.gov.sa), and contact them for more information through the unified call center number (19993), which operates 24 hours a day, seven days a week, or the "Ask Zakat, Tax and Customs" Twitter account (@Zatca_Care), email ([email protected]), or live chat on the Authority's website.