Submitting Tax Returns for Jan...

The Zakat, Tax, and Customs Authority has called on entities subject to withholding tax in the Kingdom to submit their tax returns for last January by no later than the current February 11.

The authority urged entities to expedite the submission of their tax returns through its website (zatca.gov.sa) to avoid the penalty for late payment within the specified period, amounting to 1% of the unpaid tax for every thirty days of delay from the due date.

"Zakat, Tax, and Customs" encouraged businesses interested in obtaining more information about withholding tax to contact them through the unified call center number (19993), which operates 24/7, or through the "Ask Zakat, Tax, and Customs" account on (X) platform (@Zatca_Care), or via email ([email protected]), or through instant messaging on the website (zatca.gov.sa).

Withholding tax is imposed on all amounts paid from a source in the Kingdom to non-resident entities in the Kingdom, according to the rates specified in Article 68 of the Income Tax Law and Article 63 of its implementing regulations.