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ZATCA published a new decision that reclassifies VAT-related violations and penalties

|Saudi Arabia
Saudi Arabia

ZATCA announced new classifications for the penalties imposed for some violations of VAT Law. The decision will be applicable as of 30 January 2022.

Key highlights of the decision

 

  • Re-classification of violations and determining penalties, to begin with, first warning and educating the taxpayer before imposing a monetary;
  • Granting the violator an appropriate period of up to 3 months from th…

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