ZATCA initiative waives fines, penalties for taxpayers for 6 months

01/06/2022 Argaam
Logo ofSaudi Zakat, Tax and Customs Authority

Logo of Saudi Zakat, Tax and Customs Authority 

Saudi Zakat, Tax and Customs Authority (ZATCA) announced the re-launch of an initiative to cancel fines and exempt taxpayers from penalties, for six months from June 1 to Nov. 30, 2022, according to ZATCA statement.

 

The initiative aims to mitigate the economic fallout of COVID-19.

 

Fines for the delay in registration, default payment as well as delayed report submission are included in the exemption initiative. However, fines for the tax evasion and those paid before the initiative date will not be covered.

 

ZATCA requested taxpayers to fully review the initiative via its website.

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