Saudi Arabia: Zakat, tax, & customs authority re-launches tax amnesty initiative

The Zakat, tax, & customs authority (‘ZATCA’) announced the re-launch of the initiative to abolish fines and exemption from penalties regarding all tax laws managed by ZATCA for a period of six months, starting 1 June 2022 until 30 November 2022, with the aim of mitigating the economic effects of the establishments because of the COVID-19 pandemic.

The authority clarified that the fines included in the exemption decision are as follows:

• Penalty for late registration.
• Penalty for late payment.
• Penalty for late filing of returns in all tax systems.
• The fine for correcting the return for VAT.
• In addition to fines for field control violations related to the application of electronic billing.

The relief is not granted for penalties regarding tax evasion and penalties that had been settled before the issuance date.

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