New Saudi Arabia tax guidance addresses mutual agreement procedure

New Saudi Arabia tax guidance addresses mutual agreement procedure

Saudi Arabia’s Central Revenue Authority (GAZT) released a new MAP filing guide on June 9.

The purpose of the guidelines is to identify the process by which taxpayers can resolve disputes under tax agreements by contacting a competent authority in Saudi Arabia for help.

The implementation of the MAP in Saudi Arabia will provide taxpayers with increased confidence in resolving cross-border double taxation, usually arising from adjustments to transfer pricing, and resolving tax-related tax disputes.

The recommendations cover a number of topics and steps regarding the MAP process, including an overview of the MAP, the conditions of the MAP request, the order of the MAP request, the time frame for resolving the MAP case, and the MAP steps.

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