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Zakat, Tax & Fixed Asset Compliance Intelligence — Al Noor Family Holdings (DEMO DATA)

70% Saudi/GCC·30% Non-Saudi
Open Zakat & Tax calculation

SAR 1,063,500

AI estimated

SAR 1,704,000

AI estimatedNon-Saudi share only — separate obligation

SAR 28,400,000

Calculated

SAR 42,540,000

Calculated

SAR 79.03M

Tax basis

SAR 88.60M

Accounting basis

2026-07-10

Withholding Tax Return · Approved

7

5 review required · 2 deviation
Zakat and income tax are reported as two independent obligations. TaxIQ never presents a single combined "total tax liability": Zakat SAR 1,063,500 · Income tax SAR 1,704,000.

Zakat base waterfall

Starting position + zakatable additions − allowable deductions − deductible liabilities

ComponentAmountSourceOriginCompliance
Starting financial position (equity & retained earnings)SAR 124,500,000Audited FS 2026AI estimatedCOMPLIANT
Long-term provisions funded from equitySAR 6,200,000Provision scheduleAI estimatedCOMPLIANT
Shareholder current accountsSAR 3,200,000GL account 2210AI estimatedREVIEW REQUIRED
Net fixed assets financed by equitySAR 78,150,000Fixed asset registerAI estimatedCOMPLIANT
Long-term investments held over one yearSAR 4,500,000Investment registerAI estimatedREVIEW REQUIRED
Long-term financing funding deductible assetsSAR 8,710,000Loan registerAI estimatedCOMPLIANT
Zakat baseSAR 42,540,000DerivedAI estimatedCOMPLIANT

Upcoming actions

Items that need a human decision

COMPLIANTLast verified 2026-08-10
ZATCA Zakat Implementing Regulation
Zakat base composition
Calculation completed using the configured Zakat base methodology.
Audited FS 2026, rule library v2026.3
97%
AI Agent — Zakat
2026-08-12T09:12:00Z

Tax depreciation vs accounting depreciation

TAX_BASIS and ACCOUNTING_BASIS are computed in separate ledgers and never combined