Executive summary
On 20 March 2020, Saudi Arabia’s General Authority of Zakat and Tax (GAZT) extended the 2020 tax filing and payment deadlines by three months.
On 29 March, the Ministry of Finance issued Ministerial Resolution (MR) No. 3430 providing relief from tax penalties and allowing tax payable to be paid by installments. The GAZT issued a supporting Circular on the same day. The relief covers the period from 18 March to 30 June 2020.
The two measures aim to support busin…