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Home / saudi / Zakat and Income announce a publication of the zakat collection rules and the rules for zakaah calculations on funding activities (internal information).

Zakat and Income announce a publication of the zakat collection rules and the rules for zakaah calculations on funding activities (internal information).



The General Authority for Zakat and Income (ZAKA) announced the decision of the Minister for Finance and the Chair of the Board of Directors to issue Zakat Zakat Regulations, Zakat Rules, Zakat and Tax collectors. on Investment in Bonds and Government Bands.

The Commission said that these findings came from a number of regular changes to them, the Commission's commitment to the principle of continuous improvement to support the clarity and transparency between the Commission and the taxpayers, and the highest rates of Achieving efficiency and dissemination, to be implemented early in the next year 2020. t

The Zakat collection rules have changed into a number of changes, the most important of which improve Zakat's recruitment procedures to achieve the highest level of commitment and effectiveness, and increase transparency and transparency, t reflection on attracting investment and raising staff confidence.

She said the changes which have a positive impact on Zakat's new estate will be developing, which will support a property development industry and encourage investment in the industry.

She also said that the operating rules clearly set out the criteria for components of a Zakat vessel for insurance activities and by taking account of the distinctiveness and nature of the work and the aims.

In addition, a Zakat Account has been developed and developed to raise a level of commitment and to reduce any apparent disagreement between the Commission and taxpayers.

TRA said that work will begin to develop guidelines to clarify the rules and answer taxpayers' questions.

For details on the papers below:


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