The General Tax Authority has recently issued Circular No 1/2021, extending the period for submission of tax returns for the tax year 2020 for an additional two months.
The extension is granted in consideration of the nation’s state of affairs related to the pandemic and the General Tax Authority’s endeavour to strengthen tax compliance principles and reduce the burden on taxpayers, based on requests through the offices of the auditors for support to companies, especially those adversely affected by the pandemic.
The decision is in line with the Amir’s directives to provide the necessary services to citizens and residents, foremost of which is to provide safety and protection from COVID-19 and to ensure the continuation of their healthy life, and to mitigate the effects of financial implications on them.
The General Tax Authority works closely with partners from competent government agencies to monitor the country’s economic situation considering the current challenges. It is committed to providing guarantees available to clients, investors and taxpayers in a manner that contributes to proactively supporting the national economy.
For more information, send your queries to [email protected] or call 16565.
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