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  3. explain the followings in your own words: (2 marks

Explain the followings in your own words: (2 marks) a. What do you mean by...

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Accounting

Explain the followings in your own words: (2 marks)

a. What do you mean by tax system in KSA? Is tax system is good or bad? Support your answer

b. Under the Tax Law, who are the person or artificial person subject to the tax in Saudi Arabia?

c. How many types of tax systems are prevailing in the KSA?

d. The Tax Law provides that income from the following specific types of activities/sources is considered taxable in KSA:

Please NO hand writing and simple language. Thanks.

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