ZATCA says 42,000 taxpayers benefited from penalty waive initiative

05/11/2022 Argaam
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Logo of Saudi Zakat, Tax and Customs Authority 

Saudi Zakat, Tax and Customs Authority (ZATCA) stated that the number of beneficiaries from the initiative to cancel fines and exempt taxpayers from penalties reached 41,889, Al Eqtisadiah newspaper reported.

 

The number of taxpayers registered with ZATCA reached 355,849 in 2022, the authority added in a statement.

 

In June, ZATCA announced the re-launch of an initiative to cancel fines and exempt taxpayers from penalties from June 1 to Nov. 30, 2022, to mitigate the economic fallout of COVID-19, according to data available with Argaam.

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