Zakat, Tax, and Customs Authority (ZATCA) is a governmental body responsible for overseeing and regulating the collection of zakat (Islamic alms), taxes, and customs duties in Saudi Arabia. It was established to streamline the collection processes, ensure compliance with regulations, and enhance revenue collection for the government.
ZATCA plays a crucial role in managing fiscal policies, implementing tax laws, and facilitating customs procedures in Saudi Arabia. It aims to promote transparency, fairness, and efficiency in the administration of zakat, taxes, and customs duties, thereby contributing to the country’s economic development and growth.
The authority oversees various aspects related to taxation, including income tax, value-added tax (VAT), corporate tax, and customs duties. It also provides guidance to taxpayers, conducts audits to ensure compliance with tax laws, and implements measures to combat tax evasion and fraud.
ZATCA’s activities are integral to the fiscal management of Saudi Arabia and play a significant role in supporting government initiatives and programs aimed at diversifying the economy and promoting sustainable development.
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