Saudi Arabia is urging taxpayers to benefit from a waiving and cancellation of fines on paying tax in the Kingdom.
Taxpayers have until the end of May to take advantage of an offer to cancel fines handed out over tax payment in Saudi Arabia.
The Zakat, Tax and Customs Authority (ZATCA) urged all taxpayers to benefit from the Cancellation of Fines and Exemption of Financial Penalties initiative.
Saudi tax fines
ZATCA announced the scheme in November and it expires on May 31.
The authority clarified that the fines covered by the exemption decision include:
- Fines for late registration in all tax systems…
Source: www.arabianbusiness.com
Latest Posts in "Saudi Arabia"
- ZATCA’s 2025 Guide: VAT Rules for E-Market Platforms and Deemed Supplier Obligations in KSA
- Saudi Arabia Revises Customs Tariffs, Increases Duties, and Updates HS Codes Effective 2025
- Saudi Arabia Extends ZATCA Tax Penalty Waiver Initiative Until June 2026
- Saudi Arabia Updates VAT Rules for Online Marketplaces, Amends Excise Tax on Sweetened Beverages
- Saudi Arabia Clarifies VAT Deemed Supplier Rules for Electronic Marketplaces
