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The penalty for late filing is a fee of 1 percent of the unpaid tax for each thirty days delay from the due date
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Withholding tax is deducted from the total income of a non-resident establishment in return for services it provides
Tax payers of Saudi Arabia have been told to file their tax returns by June 10 to avoid being fined. The Saudi Zakat, Tax and Customs Authority urged business tax payers on its official website to submit their returns quickly to avoid a fine. The penalty for late filing is a fee of 1 percent of the unpaid tax for each thirty days delay from the due date.
Arab News reported that taxpayers wishing to obtain more information regarding withholding tax can contact the Authority by phone 24 hours-a-day, seven days-a-week. Help is also available through the “Ask Zakat and Tax” account on Twitter, or email, or through instant chats via the website, the Authority was quoted by Arab News.
Withholding tax is deducted from the total income of a non-resident establishment in Saudi Arabia, in return for services it provides inside the Kingdom.
