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Withholding Tax

Term in Qoyod's Accounting Glossary — Practical definition with examples from the Saudi market.

What is Withholding Tax?

Withholding tax (WHT) is a tax deducted at source by the payer from amounts paid to non-resident recipients. In Saudi Arabia, ZATCA requires resident entities and permanent establishments to withhold tax on cross-border payments to non-residents for services, royalties, dividends, interest, and other defined categories.

How It Works

  • Identify whether the recipient is a non-resident and the nature of the payment.
  • Apply the relevant ZATCA WHT rate (5% rent, 5% dividends, 5% interest, 15% royalty, 5-20% services).
  • Withhold the tax from the gross amount payable.
  • Remit the tax to ZATCA within 10 days of the end of the month of payment.
  • File monthly and annual WHT returns; apply tax treaty rates where applicable with proper documentation.

Saudi Context

WHT rates per the Saudi Income Tax Law: rent 5%, dividends 5%, interest 5%, royalties 15%, technical services 5%, management fees 20%. Saudi Arabia’s expanding double tax treaty network (60+ treaties) may reduce these rates with valid tax residency certificates. Late remittance triggers 1% per month plus a penalty equal to 25% of the WHT amount.

Example

A Saudi company pays a foreign consultant USD 100,000 (approx SAR 375,000) for technical services. WHT at 5% = SAR 18,750. The company pays the consultant SAR 356,250 net and remits SAR 18,750 to ZATCA within 10 days of month-end, then files the monthly WHT return on the Fatoora portal.

Related Terms

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