Saudi Arabia Provides Further Extension of Penalty Exemption Initiative

On 29 December 2023, the Saudi Zakat, Tax, and Customs Authority (ZATCA) issued a release announcing that the penalty exemption initiative that was to expire on 31 December 2023 has been extended a further six months to 30 June 2024.
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ZATCA Announces the Extension of the Cancellation of Fines and Exemption of Penalties Initiative for Taxpayers until 30 June 2024
The Zakat, Tax and Customs Authority (ZATCA) announced the extension of "Cancellation of Fines and Exemption of Penalties" i…