Tax Authority: More than 4,000 Benefit from Tax Exemptions Worth QR900 Million

Doha, July 02 (QNA) - The General Tax Authority is pleased to report the overwhelmingly positive outcomes of its 100% Financial Penalty Exemption Initiative.

This Initiative, in line with the 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 Mar. 1, the initiative has granted total exemptions over QR 900 million 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. (QNA)