Kingdom of Saudi Arabia
End of the initiative of cancelling fines
In our previous blog, we wrote about ZATCA's extended period for the “Cancellation of Fines and Exemption Penalties Initiative”.
Under this initiative, fines including late filings, late registrations, and VAT field control violations relating to e-invoicing are cancelled for all taxpayers.
The initiative will officially expire at the end of May 2023. The Zakat, Tax and Customs Authority (ZATCA) urges taxpayers to benefit from the Cancellation of Fines and Exemption initiative prior to its expiration date.