Saudi Arabia: Deadline of 31 December 2020 for waiver of penalties for tax return filings, payments

Saudi Arabia: Deadline of 31 December 2020

Taxpayers are reminded of the approaching deadline of 31 December 2020 for the waiver of penalties for all tax return filings and payments.

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The deadline for waiver of penalties for Zakat, income tax, withholding tax, value added tax (VAT), and excise tax was previously extended from 18 March 2020 through 30 June 2020, and then again extended through 30 September 2020 before being ultimately extended through 31 December 2020. Read TaxNewsFlash

Penalties will be waived for taxpayers who raised objections against the tax authority’s assessments on the condition that no final decision had been made by the relevant tax authority and the taxpayer commits to paying the tax due or agrees to an installment plan before 31 December 2020.  This amnesty does not include the waiver of penalties incurred due to tax evasion.


For more information, contact KPMG’s Global Head of International Tax:

Rodney Lawrence | +1 (312) 665 5137 | rlawrence@kpmg.com

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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