Al-Marsad Newspaper: Investment Minister Khaled Al-Falih revealed a study of a new system for collecting zakat in the government’s kitchen.
He said during the session of the second edition of the Municipal Investment Forum “Foras”, which was launched today in Riyadh: “There is a new system for collecting zakat that the government is working on and discussions are taking place around it with the Zakat Authority, to ensure that the system will achieve ease of work, clarity and transparency.”
He added: The income tax system on companies is also being considered, and there may be initiatives in this regard.
He continued: We now have a very good situation and we are working to improve it to reach the degree of excellence, especially in the matter of procedures.
