07.06.22
Saudi Arabia launches tax amnesty schemes
The Zakat, Tax and Customs Authority (ZATCA) announced an initiative to ease the blow of the COVID-19 outbreak on businesses by cancelling fines and exemption from financial penalties for all taxpayers, starting June 1, 2022, and ending November 30, 2022.
According to the Authority, the fines covered by the exemption include fines for late registration in all tax systems, late payment, late filing of returns fines in all tax systems, and fines to correct VAT returns, as well as fines for violations of VAT field control related to applying the e-invoicing regulations and other general regulations.
ZATCA encourages taxpayers to view the details of the schemes through the simplified guideline on its website and urges all taxpayers to benefit from the initiative during the allotted time.
Browse Kingdom of Saudi Arabia updates
Wave 7 of Phase 2 e-invoicing
- Información de la normativa
Extension of the amnesty for fines and financial Penalties
- Actualizaciones de los países
Wave 6 of Phase 2 e-invoicing has been announced
- Información de la normativa
Tax groups announced for new waves of the e-invoicing implementation
- Información de la normativa
Additional details to be mentioned on the invoice for profit margin scheme
- Actualizaciones de los países
ZATCA determines criteria for wave 4 participants in the Integration Phase
- Información de la normativa
Proposed amendments to the e-invoicing rules
- Información de la normativa
End of the initiative of cancelling fines
- Actualizaciones de los países
Details on wave 3 taxpayers in scope of the e-invoicing mandate
- Información de la normativa
Voluntary participation in Integration Phase
- Información de la normativa
Go-live of Fatoora portal and end of E-invoice pilot testing phase
- Información de la normativa
A new version of Detailed Guidelines of E-invoicing
- Información de la normativa
ZATCA announces the second wave of taxpayers included in Phase 2
- Información de la normativa
Extension of the penalty relief initiative for 6 months
- Actualizaciones de los países
ZATCA proposed amendment on Article 33 of the VAT law
- Actualizaciones de los países
ZATCA releases user manual for Fatoora portal user manual – Version 2
- Información de la normativa
New e-invoicing phase 2 requirements
- Información de la normativa
ZATCA to subsidize purchase of e-invoicing software
- Información de la normativa
Saudi Arabia launches tax amnesty schemes
- Actualizaciones de los países
Saudi Arabia will consider reducing VAT “ultimately”
- Información del tipo de IVA/IBS