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
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