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Saudi Arabia further extends tax amnesty initiative until 30 June 2025

|Tax Alerts, National/Federal Taxation, G ...|Saudi Arabia
Saudi Arabia

  • Saudi Arabia has further extended the tax amnesty initiative for six months, starting from 1 January 2025.
  • The tax amnesty initiative had previously been extended until 31 December 2024 and the further extension until 30 June 2025 is expected to provide relief to taxpayers who meet the requirements.
 

Executive summary

On 29 December 2024, Saudi Arabia's Zakat, Tax and Customs Authority (ZATCA) announced the Minister of Finance's decision to extend the Cancellation of Fines and Exemption of Fin…

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