VAT’s UP

ZATCA Urges Taxpayers to Benefit from the Cancellation of Fines Initiative before December End

  • Share:

Riyadh December 03 2023:

The Zakat, Tax and Customs Authority (ZATCA) called on taxpayers subject to tax regulations to quickly benefit from the “Cancellation of Fines and Exemption from Financial Penalties” initiative, which expires December 31, 2023.

The Authority explained that the initiative includes exempting taxpayers from fines for late registration in all tax systems, late payment, and late submission of the return in all tax systems, in addition to the fine for correcting the return for value-added tax, and fines for field control violations related to the application of electronic invoicing provisions, and general provisions.

The Authority urged all taxpayers to take advantage of the extension of the initiative during its specified period, and to contact it if there are any inquiries about the initiative via the unified call center number 19993, which operates 24/7.

Read More.