The Deloitte Tax and Zakat seminars in Saudi Arabia address latest developments 

(MENAFN Press) Deloitte announced today the launch of its annual Deloitte Tax and Zakat seminars in Saudi Arabia.

Beginning in Jeddah on February 13, 2012, the event will continue in Riyadh on February 14 and Al-Khobar on February 15, with the aim of updating decision-makers on recent developments in the Saudi Arabian tax and zakat laws and practices.

"The seminars provide a convenient forum for businesses to understand the increasingly complex tax environment," said Nauman Ahmed,partner in charge for Tax Advisory Services for Deloitte in the Middle East.

"Deloitte's in-depth knowledge of applicable laws and sound understanding of the prevalent environment and tax developments enable us to critically analyze scenarios and provide pragmatic solutions to complex business issues."

During the seminars, Deloitte will share insight on major issues and interpretation of the tax laws and the practices of the Department of Zakat and Income Tax in Saudi Arabia, and enhance understanding of the ever-increasing double tax treaties.

Participants will also have the opportunity to personally interact with members of Deloitte's team of specialized tax professionals.

Ahmed added, "The implications of double tax treaties, such as those with Bangladesh and Singapore, which recently entered into force, will be among the topics explored. We expect attendees to gain insights on tax issues that could impact their businesses."