The Kingdom of Saudi Arabia's General Authority for Zakat and Tax (GAZT) has published VAT guidelines on investment funds, trusts, and estates. This Guideline is published by GAZT to provide guidance to Taxpayers, their agents, and any other persons in respect of the application of VAT to common legally recognised and documented investment structures administered by agents, such as an Investment Fund or a Trust. This Guideline also covers the application of VAT to the Estates of deceased natural Persons. This Guideline comments on the general obligations for Unitholders, Inheritors, Beneficiaries, Custodians and persons responsible for administering Trusts, Investment Funds and Estates and the corresponding Assets.
The guide can be accessed by clicking here: Guide on Investment Funds, Trusts, and Estates
Click here to download the file
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