GTA Initiative Grants Total Exemptions of QR900mn-Plus to 4,000 Taxpayers

The General Tax Authority (GTA) has granted total exemptions in excess of QR900mn to nearly 4,000 taxpayers as part of “100% Financial Penalty Exemption Initiative”.

The initiative, which is in line with “GTA's commitment to easing financial burdens on companies and encouraging voluntary tax compliance, is making the tax system more efficient and transparent, ultimately bolstering the nation's sustainable development plans.”

Since its commencement on March 1, the initiative has granted total exemptions in excess of QR900mn to 4,000 taxpayers. This significant participation underscores the value taxpayers place on this opportunity provided by the GTA.

This initiative empowers companies through smoother compliance with tax laws and regulations.

To make it even easier to benefit from this initiative, GTA has simplified its terms and conditions. 

Taxpayers now need to complete the registration process on the ‘Dhareeba’ tax portal, update all their information, submit all required tax returns and financial statements, and pledge to file and pay their taxes on time for the next three years.

The authority will carefully examine all applications submitted within the specified period and will notify applicants of the result through their accounts on the portal.

Importantly, the registration deadline for this initiative is August 31. GTA has encouraged all eligible taxpayers to seize the “valuable opportunity” to regularise their tax affairs and avoid future penalties.

They also can get detailed information regarding eligibility criteria, terms, and procedures by visiting GTA’s official website and Dhareeba portal or contacting the unified call centre.