Zataka prolongs fine cancellation extension

The Zakat, Tax, and Customs Authority (ZATCA) has decided to extend the Initiative to Cancel Penalties and Waive Financial Fines for an additional six months until December 31, 2026. The initiative includes exempting taxpayers from late penalties related to registration, payment, and submission of tax declarations, provided all declarations are filed and taxes are paid in full. The conditions also require submitting installment requests and adhering to payment schedules, with exemptions from penalties for tax evasion and fines paid before June 2026.

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