●The Assignment must be submitted on Blackboard (WORD format only) via allocated
●The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
●Assignments submitted through email will not be accepted.
●Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
●Students must mention question number clearly in their answer.
●Late submission will NOT be accepted.
●Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. ●All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
●Submissions without this cover page will NOT be accepted. Q1. The Saudi Income Tax Law have distinguished between Saudi-owned entities and non-Saudi persons and entities. Discuss the difference between the two groups with regards to income tax law? (5 Marks)
Answer:
Q2. Explain how the tax base is calculated according to Article (6) of the income tax law. (5 Marks)
Answer:
Q3. Discuss the types of activities that are considered taxable according to Saudi income tax. (5 Marks)
Answer: