The Minister of Finance, Yassin Jaber, issued a decision specifying the mechanism for benefiting from reductions in verification and collection fines, within the framework of the Ministry of Finance’s keenness to facilitate the taxpayers’ compliance and enable them to settle their tax situations, thus contributing to enhancing tax regularity and reducing the burdens imposed on them.
The decision also specified the percentages of reduction in fines according to the cases stipulated therein, so that taxpayers benefit from a 90 percent reduction in cases that meet the specified conditions, while the reduction percentage reaches 75 percent or 50 percent in other cases, depending on the nature of the assignment and the actions taken within the approved deadlines.
The decision indicated that these reductions are linked to the taxpayers’ commitment to pay the amounts due within the specified deadline for benefit, which ends on 12/31/2026, and only includes cases that meet the legal and regulatory conditions mentioned in the decision.
