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Jabal Omar Development Company announces the receipt of ZATCA notification for implementing the decision issued by TVDAC

24-01-2023 07:53:38

Announcement Detail
Jabal Omar Development Company announces that it has received, on Monday 23 January 2023, a notification from ZATCA to execute the decision issued by Tax Violations and Disputes Appellate Committee for the years 1434H to 2018 amounting to SR 357 million.
In accordance with the GSTC’s laws and regulations, JODC has filed a request with the Committee for reconsideration of its decision. The company will announce any material developments in this regard.

Note that the company had recorded in its financial statements ending 30 September 2022 a provision for zakat amounting to SR 133 million for the above-mentioned years

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Other Disclosures

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