VAT’s UP

ZATCA Authorities Carry Out more than 10,000 Inspection Visits

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Riyadh February 17, 2023:

The Zakat, Tax and Customs Authority (ZATCA) carried out more than 10,000 inspection visits during the month of January, on markets and shops in various cities of the Kingdom. The Authority stated that the visits carried out by its supervisory and inspection teams, in cooperation with the National Program for Combating Commercial Concealment, included a number of commercial sectors, most notably retail, the food sector and professional services. The inspection visits aimed to enhance compliance with the provisions of the tax regulations in force in the Kingdom.

The Authority iterated that its inspection visits to markets and shops come in the context of its oversight efforts, which it implements through field inspection teams, aim at enhancing the degree of tax compliance among taxpayers from the business sector and limiting commercial transactions that violate the instructions and controls that fall within the jurisdiction of the Authority.

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