- Saudi General Authority of Zakat and Tax announced criteria for twelfth wave of linking and integrating taxpayer VAT e-invoicing systems
- Twelfth wave begins on Dec. 1 for taxpayers with VAT-taxable revenue exceeding 10 million Saudi riyals in 2022 or 2023
- Tax Agency will notify taxpayers in the twelfth wave at least six months before required linkage date
- Linking and integration phase involves additional requirements, including issuance of e-invoices based on specific format and inclusion of additional fields on invoices
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
