On March 20th, the Saudi Arabian Ministry of Finance published the details of its economic relief measures to benefit businesses that have suffered during the COVID-19 pandemic. The following is a detailed listing of the measures that apply to taxpayer obligations that fall within the period of March 18th through June 30th:
- Filing deadlines for all returns including income tax, WHT (withholding tax), VAT, and zakat, are extended for a 3-month period beginning with the original due date.
- NO restrictions will be placed on the issuance of tax and zakat certificates that expired during the fiscal year of 2019.
- Payments on expatriate levies, extension fees on exit and re-entry visas, government service fees such as municipal fees, and work visa fees will be waived, subject to certain conditions.
- Tax payment deadlines including excise tax, income tax, VAT, WHT, and zakat are extended for a 3-month period beginning with the original due date.
Be aware that the Ministry of Finance statement doesn’t address certain issues such as the filing of tax appeals and objections. The GAZT (General Authority of Zakat and Tax) and the GSTC (General Secretariat for Tax Committees) has issued prior notifications relative to hearings by the Internal Settlement Committee. Additionally, various appeal committees are suspended pending further notice.
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