The Zakat, Tax and Customs Authority (ZATCA) has announced an extension of its Cancellation of Fines and Exemption of Financial Penalties Initiative for taxpayers.
To benefit from the initiative, which applies to all tax laws in the Kingdom, taxpayers must register under the relevant tax laws, submit all previously unfiled returns, and pay the principal tax debts associated with these returns. An instalment payment plan is available, provided the application is made within the initiative&…