Saudi observers say Shawwal crescent may be visible on Saturday    Tourism Ministry enforces closure orders, warns violators of penalties    King Salman, Crown Prince extend condolences to Thailand's king over earthquake victims    Elon Musk's xAI acquires X in all-stock deal    Makkah and Madinah mobile data usage exceeds global average during Ramadan: CST    US, Japan mark 80th anniversary of Iwo Jima battle with memorial service    Trump signals openness to auto tariff deal    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Trump renews push to acquire Greenland    Myanmar earthquake death toll climbs to 144    Over 2.5 million attend Khatm Al-Qur'an prayers in Makkah    World's largest barbershop opens at Clock Towers Center in Makkah to serve pilgrims    Saudi non-oil exports jump 10.7% in January    Saudi creatives shine at Jeddah's Fawanees Nights with art, fashion, and storytelling    T1 CEO confirms Gumayusi's return for LCK Spring after lineup shakeup    100 Thieves claim Marvel Rivals Invitational NA crown as 2025 scene heats up    Bollywood actress vindicated over boyfriend's death after media hounding    Saudi Arabia hold Japan to goalless draw in Saitama to stay in World Cup hunt    Disney's Snow White film tops box office despite bad reviews    NewJeans announces hiatus after setback in court battle    George Foreman, heavyweight champion and cultural icon, dies at 76    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Finance Minister Patronizes Zakat, Tax and Customs Conference
Published in Saudi Press Agency on 08 - 02 - 2023

Minister of Finance and Chairman of the Zakat, Tax and Customs Authority (ZATCA) Mohammed Al-Jadaan, today in Riyadh, patronized the Zakat, Tax and Customs Conference, which is held under the theme: "An Integrated Digital Ecosystem for Sustainable Economy and Improved Security," Several ministers participated along with secretaries general of regional and international authorities, and experts and specialists in the Zakat, tax and customs sector.
The participants will be discussing, between February 8th and 9th, the top local and international experiences and developments in the sector, digital transformation in the system, and the scope of influence of modern technologies on the efficiency and effectiveness of operations and their role in creating a prosperous digital economy.
In his opening statement, the minister stressed that the conference comes as an effort by ZATCA to transfer experiences, expertise and the application of best practices, take advantage of the development opportunities available in the zakat, tax and customs sector, and examine their developments related to social and economic development.
Al-Jadaan said: "The conference comes in light of the challenges facing global economic development, which calls for enhanced efforts through increasing coordination between sectors and international and regional organizations in all economic, social and security areas." He referred to the ongoing development of tax administration and collection processes through national efforts and initiatives, such as the National Program for Combating Commercial Concealment, which had limited the volume of undercover economic transactions, enhanced fair competition and consumer protection, as well as developed tax commitments through supporting them with technological solutions and automation.
For his part, ZATCA Governor Eng. Suhail bin Mohammed Abanmi said that holding the conference is an affirmation of the authority's vision of being a global model in protecting the homeland, administrating zakat, tax and customs, and effectively facilitating cross-border trade, with a focus on raising the customer's level of services, through applying the best practices, instilling values and translating them into initiatives and solutions that contribute to strengthening the capacities of the zakat, tax and customs entities.
Abanmi said: "During the past phase, the authority has focused on adopting the best practices in implementing its initiatives in line with the objectives of the Saudi Vision 2030, foremost among which is the implementation of the "e-billing" project, which is an extension of the economic renaissance and digital transformation in the Kingdom."
This project was a remarkable success in its first and second phases. This success is highlighted by the substantial commitment of enterprises with the beginning of the implementation of the first phase known as "the issuance and conservation" phase, whose percentage exceeded 93%." He added that with the introduction of the second phase of e-billing early this year, known as the "linkage and integration" process, with more than 400 facilities connected, representing Group A, included more than 40 million bills that facilitie shared electronically.
The governor reviewed the efforts exerted by the authority at the level of security, in terms of utilizing modern technologies to tighten customs control across all land, sea and air customs crossings, therefore, strengthening the capacity of the customs system via building the risk engine in accordance with best international practices.
The conference will see 15 panel sessions and working papers, and over 30 specialized qualitative workshops, where the accompanying exhibition will include more than 50 exhibitors from the public and private sectors, representing the zakat, tax and customs sector, which target taxpayers, importers, exporters and those interested in the sector from around the world.
The sessions of the conferences will include discussions on several qualitative topics related to developing the zakat, tax, and customs sector, discussing contemporary visions and models in zakat and taxation, the organization and management of all activities related to customs work, customs outlets and their management to build a common leadership model and the system's digital transformation.
The Zakat, Tax and Customs Conference is a pivotal opportunity for a large number of officials and decision-makers in local and international entities, institutions, organizations, corporate officials, experts, consultants, academics, and media professionals, to go over challenges, opportunities, and solutions, and to come up with recommendations that contribute to achieving its objectives, and lay the foundation for an integrated digital system to sustain the economy and enhance security.


Clic here to read the story from its source.