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Saudi Arabia Merging General Authority of Zakat and Tax and General Authority of Customs — Orbitax Tax News & Alerts

The Saudi General Authority of Zakat and Tax (GAZT) issued a release on 5 May 2021 announcing the Saudi Cabinet's decision to merge the GAZT and the General Authority of Customs into a single authority, the Zakat, Tax, and Customs Authority. The merger decision is meant to improve Saudi Arabia's economic competitiveness and promote the attraction of foreign investment through greater integration between integration and improved procedures, including the development of a unified platform based on modern technologies that save time and reduces costs for taxpayers. Additional details on the merger of the two authorities will be published once available.