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Tax: UK/US/UAE/KSA/EU · Saudi Arabia Zakat, Tax & VAT · Card 051/053 easy

A Saudi company pays two separate amounts during the tax year: a financial fine imposed by a government regulator for a compliance breach, and a contractual penalty paid to a private supplier for the company's own delay in completing its obligations under a commercial contract, properly documented in that contract. Under the Saudi Income Tax Law's deductible-expense rules, how are these two payments generally treated?

  1. Both amounts are deductible in full, because Saudi tax law treats every monetary penalty a company pays identically, regardless of who receives it or why
  2. Neither amount is deductible, because Saudi tax law disallows any payment described as a 'fine' or a 'penalty', regardless of who imposed it or the reason for it
  3. The government-imposed fine is not deductible, while the contractually documented penalty paid for the company's own delay is generally deductible as a business expense
  4. The government-imposed fine is deductible as an ordinary cost of doing business, while the contractually documented penalty is not deductible because it resulted from the company's own default
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