The Zakat, Tax, and Customs Authority (ZATCA) announced an initiative to suspend fines and penalties for taxpayers subject to all tax laws in the Kingdom, starting from 1 June 2022 until 30 November 2022.
Following fines have been included in the exemption decision:
- Penalties imposed for late registration in all tax systems;
- Late payments fines;
- Late submission of the declaration in all tax systems;
- Late correcting fines of the declaration for value-added tax;
- Fines related to the violat…