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Saudi Arabia relaunches tax amnesty initiative

On 1 June 2022, Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA or the Authority) announced through its portal the relaunch of the ZATCA’s initiative to cancel fines and financial penalties for certain taxes from 1 June 2022 to 30 November 2022. The amnesty was relaunched to reduce the economic effects of the COVID-19 pandemic on businesses in Saudi Arabia.

Source EY

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