Discuss this type of income tax in light of Article 68 of the income tax law in Saudi Arabia explaining the definition, tax rates and the methods of collections.

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Assignment Question(s): (Marks 15)

Q1. According to Article 2 paragraph (d), a non-resident without a permanent establishment with other taxable income from sources within the Kingdom is subject to a special kind of income tax that is Withholding Tax. Discuss this type of income tax in light of Article 68 of the income tax law in Saudi Arabia explaining the definition, tax rates and the methods of collections.
Answer (5.0 Marks)

AQ2. According to Article No. 20 of income tax law in Saudi Arabia, Explain the tax treatment of Contributions to Pension Funds
Answer: (2.5 Marks)

Q3. According to article No. 10 of the executive regulations for income tax law in the kingdom, explain the Nondeductible Expenses
Answer: (5.0 Marks)

Q4. According to Article 7 of the executive regulations for income tax law in the kingdom, Exempted Income
Answer (2.5 Marks)

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