The Saudi General Authority of Zakat and Tax (GAZT) published English-language guidance on 23 August 2020, regarding the extension of initiatives that have been put in place to stimulate the economy and support the private sector during the COVID-19 pandemic. This includes the following, which have been extended to 30 September 2020:
- The approval of installment requests without the down-payment prerequisite;
- The postponement of VAT payment through customs (on imports); and
- The acceleration …