Withholding Tax

(In Arabic: اشعار مدين) Commercial documents issued by a supplier/seller to a buyer, required by law to evidence a subsequent change to consideration of a Taxable Supply increasing its value.

(In Arabic: إتاوة) Payment or payments received for the use of or the right to use intellectual rights, including, but not limited to, copyright, patents, designs, industrial secrets, trademarks and trade names, know-how, trade and business secrets, goodwill, and payments received against the use of information related to industrial, commercial or scientific expertise, or against granting the right to exploit natural and mineral resources.

(In Arabic: ضريبة الاستقطاع) A direct tax that is deducted from the amounts earned by a non-resident who does not have a permanent establishment in Saudi Arabia but earns income from another source in Saudi Arabia.