VATupdate

Share this post on

Penalty waiver relaunched for all taxes, including VAT and excise tax

The Zakat, Tax and Customs Authority (ZATCA)—as part of its efforts to mitigate the effect of the coronavirus (COVID-19) pandemic—announced the relaunch of the amnesty initiative that waives penalties on all taxes, including income tax, withholding tax, value added tax (VAT), excise tax and real estate transaction tax, for six months from 1 June 2022 until 30 November 2022.

Source: KPMG

Sponsors:

VAT news
VAT news

Advertisements: