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A Capital Gains Tax Form is the official document used in Saudi Arabia to report profits made from selling assets like property, stocks, or business investments. When you sell these assets for more than you paid for them, you need to declare the gains to the Zakat, Tax and Customs Authority (ZATCA).

The form requires key details about your transaction, including the purchase price, sale price, and date of both transactions. Under Saudi tax regulations, residents pay a 20% tax rate on capital gains, while GCC nationals are typically exempt. Companies must submit this form within 60 days of selling their assets.

You need to file a Capital Gains Tax Form when selling assets in Saudi Arabia for a profit. This applies to the sale of real estate, stocks, bonds, or business investments that have increased in value. For example, if you bought shares for 100,000 SAR and sold them for 150,000 SAR, you must report this 50,000 SAR gain.

Submit the form to ZATCA within 60 days of completing the sale. This timing is crucial for Saudi companies and foreign investors who face a 20% tax rate on gains. Filing late can result in penalties starting at 5% of the unpaid tax, increasing up to 25% for delays exceeding 90 days.

• Long-term capital gains forms track profits from assets held over 12 months, mainly used for real estate and investment portfolios in Saudi Arabia
• Short-term forms cover gains from assets sold within 12 months, common for stock market trades and quick property flips
• Corporate capital gains forms specifically designed for businesses reporting multiple asset sales throughout the tax year
• Individual investor forms tailored for personal investment gains, including simplified sections for small-scale traders
• Special purpose forms for unique transactions like cryptocurrency gains or international asset sales requiring additional documentation

• Individual Investors: Must file the Capital Gains Tax Form when selling stocks, bonds, or property for profit in Saudi Arabia
• Corporate Entities: Required to report gains from asset sales, mergers, or investment portfolio transactions
• Tax Advisors: Help clients calculate gains, determine tax liability, and complete forms accurately
• ZATCA Officials: Review submitted forms, assess tax calculations, and ensure compliance with Saudi tax laws
• Foreign Investors: Subject to specific reporting requirements when selling Saudi-based assets or investments

• Asset Details: Gather purchase date, original cost, sale date, and final sale price documentation
• Transaction Records: Collect all receipts, contracts, and broker statements related to the asset
• Tax ID Information: Have your Saudi tax identification number and registration documents ready
• Calculation Method: Determine the appropriate method for computing your capital gains based on asset type
• Supporting Documents: Prepare proof of ownership, transfer agreements, and any applicable exemption certificates
• Timeline Check: Mark your 60-day filing deadline from the sale date to avoid late penalties

• Taxpayer Information: Full legal name, tax ID number, contact details, and residency status
• Asset Description: Complete details of the sold property, including type, location, and ownership documents
• Transaction Timeline: Purchase date, sale date, and holding period calculation
• Financial Details: Original purchase price, selling price, and eligible deductions
• Calculation Section: Clear breakdown of how the capital gain was computed
• Declaration Statement: Signed attestation confirming the accuracy of provided information
• Payment Details: Bank information and preferred payment method for tax settlement

The Capital Gains Tax Form differs significantly from the Anti-Facilitation of Tax Evasion Policy in both purpose and application within Saudi Arabia's tax system.

• Purpose and Timing: Capital Gains Tax Forms are transaction-specific documents filed after selling assets, while the Anti-Facilitation Policy is an ongoing compliance document outlining preventive measures against tax evasion
• Legal Requirements: Capital Gains Forms are mandatory for reporting specific transactions to ZATCA, whereas the Anti-Facilitation Policy is a preventive internal control document
• Content Focus: Capital Gains Forms detail financial calculations and transaction specifics, while the Anti-Facilitation Policy outlines procedures, responsibilities, and risk assessment protocols
• User Base: Capital Gains Forms are used by individual and corporate taxpayers, while the Anti-Facilitation Policy is primarily implemented by organizations and their compliance teams