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The General Authority of Zakat and Tax (GAZT) in the Kingdom of Saudi Arabia (KSA) published its draft Transfer Pricing By-Laws. This is the first time that transfer pricing regulations of any kind have been published by the GAZT and demonstrates the KSA’s commitment to introducing transfer pricing rules and implementing the OECD's BEPS recommendations on transfer pricing.

Specifically, the draft By-Laws introduce requirements for the OECD’s three-tiers of documentation - namely Master File, Local File and Country-by-Country (CbC) report - as well as an annual Disclosure Form for controlled transactions.

This Tax Insight provides some background to the TP landscape in the KSA and takes a detailed look at the provisions of the draft Transfer Pricing By-Laws. 


For further information, please speak to your usual PwC adviser.