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Anaam International Holding Group announced a significant reduction in its outstanding liabilities to the Zakat, Tax and Customs Authority (ZATCA). The required amounts, which originally included SAR 106.93 million in Zakat differences and SAR 138,940 in withholding tax dating back to historical disputes from 1995 to 2011, have now been revised down to SAR 51.31 million. This favorable decision follows the company's application of the updated Executive Regulations for Zakat Collection.
