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ZATCA announces extension to grace period for e-invoicing fines and penalties

||Saudi Arabia
Saudi Arabia

On December 29, 2024, the Zakat, Tax and Customs Authority (ZATCA) informed that it had decided to extend its Cancellation of Fines and Penalties initiative until June 30, 2025.

 

To be eligible for the exemption, taxpayers must be registered under relevant tax laws, submit any previously non-submitted returns and pay all principal tax debt associated with the returns. Taxpayers may also request installment payment plans and are encouraged to follow the guidelines published on the ZATCA web…

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