The Zakat, Tax and Customs Authority of Saudi Arabia (ZATCA) has extended amnesty initiative that waives the fines and penalties relating to corporate income tax, withholding tax, value added tax (VAT), excise tax, and real estate transaction tax.
The initiative, which expired on 31 May 2023, is extended from 1 June 2023 until 31 December 2023.
Source: KPMG
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