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Saudi Arabia Postpones Tax Fines and Financial Penalties until the end of 2024

ZATCA announced a postponement of tax fines and financial penalties until December 31, 2024, to help taxpayers stay compliant and reduce the economic impact of fines. If there is no further postponement, the fines will be effective from January 1, 2025. Taxpayers must be registered, submit all tax returns, and disclose all tax liabilities to benefit from the postponement. Visit the KSA country e-invoicing page for more information on indirect tax rules and e-invoicing details in the KSA.

Source Fonoa


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