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Are board directors’ wages of resident companies covered in the deductible expenses for Income Tax purposes?

Directors' wages paid to the owner, partner or shareholder will not be considered as deductible expenses (except for the wages paid to the shareholder in the joint-stock companies) as stipulated in the provisions of paragraph (1) of Article ten of the Implementing Regulations of Income Tax Law.

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Last Update: 04 Sep 2020 06:15 PM Saudi Arabia Time