Bupa Arabia for Cooperative Insurance Co. announces on the settlement of zakat, income and withholding tax claim with the General Authority for Zakat and Tax
|Announcement Detail||Bupa Arabia for cooperative Insurance Company announces that it has reached a final settlement agreement with the General Authority for Zakat and Tax for all assessed zakat and income/withholding tax differences for the years 2008 through 2016, and 2018. The total settled amount was SR 120,120,121. The settlement is not expected to have a material impact on the company’s financial results, as most of the assessed differences have been provided for earlier.|
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