With the aim to further mitigate the economic effects of the COVID-19 outbreak, the Zakat, Tax and Customs Authority (ZATCA) has announced the relaunch of the initiative to waive penalties on certain taxes, including Corporate Income Tax, Withholding Tax (WHT), Value Added Tax (VAT), Real Estate Transaction Tax (RETT), and any errors relating to e-Invoicing.
The period to apply for the relief started on 1 June 2022 and will end on 30 November 2022.
Source Deloitte
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