- Zakat, Tax and Customs Authority has announced a 6-month extension of the tax amnesty scheme
- The scheme allows individuals and businesses to declare their assets and pay any outstanding taxes without penalties
- The extension provides more time for people to take advantage of the scheme and avoid legal consequences
- This initiative aims to increase tax compliance and revenue collection for the government
Source: research.ibfd.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
