Читать книгу Ultimate guide on GCC Taxation - Павел Игоревич Герасимов - Страница 26

The income tax rules in Saudi Arabia do not allow for consolidation or grouping of taxpayers. For Zakat purposes, the concept of consolidation is acceptable, and relief may be obtained for wholly owned subsidiaries by Saudi/GCC companies that are subject to Zakat.

Note that an entity operating in Saudi Arabia that has undertaken more than one project under the same commercial registration is required to consolidate the results of such projects into the financial statements of that entity and subject them to taxation as a single operation.