TaxSavvySA

How far back ZATCA can assess

Can ZATCA open our 2020 tax year now?

The situation

ZATCA can assess within 5 years of the filing deadline, or 10 years if no return or intent to evade.

The law

  • Income Tax Law, assessment time limits: ZATCA can assess within 5 years of the filing deadline, or 10 years if no return or intent to evade

What it means for you

For a 2020 year with a filing deadline around 30 April 2021, the normal 5-year window ran to about April 2026. If no return was filed, or ZATCA alleges intent to evade, the window is 10 years. Keep records for at least 10 years to be safe.

What to do

  1. Check filing date.
  2. Assess window.
  3. Keep records.

We can do this for youAnnual income tax return for foreign-owned and mixed companies: 20 percent CIT on the foreign share plus Zakat on the Saudi share: SAR 7,500

Related