SARS issued guidance on Global Minimum Tax filings through eFiling, covering GMT01, GMT02, deadlines, supporting documents, and payments. The first Global Information Return is due within 18 months after the first reportable fiscal year, while later filings are due within 15 months. Taxpayers must activate the GMT tax type before filing. Payments are made through “Pay Now” using Credit Push and ca... Read more

A 4-corner model launched in April 2026 supports Peppol-based e-invoices. Key milestones include the July 2026 pilot, mandatory ASP appointment by October 2026, and phased implementation for taxpayers through 2029. Specific technical requirements and mandatory fields for PINT AE Tax eInvoices are established. Peppol PINT AE-based e-invoicing in 2027 The Ministry of Finance delayed the deadline fo... Read more

The Council of Ministers approved amendments to the GCC Unified VAT Agreement, enhancing cross-border VAT administration and allowing member states flexibility in setting VAT rates, while improving tax capture and cooperation. The Council of Ministers has approved amendments to the GCC Unified VAT Agreement, which originally established harmonized VAT in the region (Saudi Arabia introduced VAT at... Read more

Fiscalization has transformed from a compliance tool reliant on hardware to dynamic, software-driven platforms linking businesses and tax authorities. The webinar was presented by Dušan Bučevac, Sales Manager at Fiscal Solutions, who covered crucial fiscalization milestones and explained how real-time data has reshaped compliance, transparency, and business decision-making. Read more

E-invoicing requires businesses to create, exchange, and store invoices electronically per VAT regulations. Platforms like Fatoora, overseen by ZATCA, enforce compliance, making paper invoices invalid. Processes include real-time clearance for B2B/B2G and near-real-time reporting for B2C. B2B requires standard invoices cleared by ZATCA for VAT claims; non-compliance means lost VAT deductions. B2C... Read more

ZATCA's Twenty-Fourth Wave of E-invoicing Integration Phase targets taxpayers with VAT revenues over SAR 375,000, requiring integration by 30 June 2026 for compliance and digital transformation. The Zakat, Tax and Customs Authority (ZATCA) announced that the Twenty-Fourth Wave of the E-invoicing Integration Phase targets all taxpayers whose VAT-subject revenues exceeded SAR 375,000 during 2022, 20... Read more