Saudi Zakat, Tax and Customs Authority (ZATCA) declared the extension of the initiative to cancel fines and exempt taxpayers from the penalties for six months, from 1 December 2022 until 31 May 2023. The purpose of the initiative is to lessen the burden on all taxpayers due to the COVID-19 pandemic’s effects on the economy and finances.
Source:
Latest Posts in "Saudi Arabia"
- Saudi Arabia to Update SABER Customs Tariff Codes Effective January 2026
- KSA VAT Law Practice Manual 2026
- Saudi Arabia to implement new excise tax method for sweetened beverages
- The Ministry of Finance defined penalties for non-compliance with the e-invoicing system
- Saudi Arabia 2025: Stricter Excise Tax Rules, Digital Tracking, and Tougher Penalties Announced














