General Tax Authority extends deadline for Financial Penalty Exemption Initiative until Dec 31

Doha, Qatar: In response to the growing interest in benefiting from the 100 percent Financial Penalty Exemption Initiative, and in line with its commi...

Doha, Qatar: In response to the growing interest in benefiting from the 100 percent Financial Penalty Exemption Initiative, and in line with its commitment to supporting taxpayers and enabling them to regularize their status, the General Tax Authority (GTA) announced the extension of the submission period for the initiative until December 31, 2025.

The extension aims to provide the opportunity for the largest possible number of taxpayers to benefit from the available exemptions.

The GTA allows taxpayers to apply for the initiative through the Dhareeba platform, while continuing to provide support and guidance services that reinforce transparency and help instill a culture of tax compliance, the GTA said in a statement on Sunday.

The initiative has achieved significant results, with more than 7,000 taxpayers exempted from financial penalties exceeding QR 1.6 billion, and over 56,000 tax returns submitted, including overdue returns covering tax periods from 2014 to 2024. This has greatly contributed to raising the overall tax compliance rate.

The initiative also witnessed a high participation rate among companies and business owners who were able to rectify their situations and benefit from the full exemption from financial penalties. Beneficiary companies represented various vital sectors, reflecting the inclusiveness of the initiative and its broad impact in supporting different components of the national economy.