Circular of the President of the General Tax Authority No. (1) of 2021 Regarding Extension of the Tax Return Submission Period for the Tax Year 2020

Based on the requests received by the General Tax Authority by the auditors’ offices regarding the extension of the period for submitting the tax return for the tax year 2020;

In view of the continuation of exceptional and forceful circumstances in light of the repercussions of confronting the Coronavirus (Covid-19) pandemic, and in an effort by the Authority to enhance the principle of tax compliance and reduce burdens on taxpayers, we would like to inform you that, based on the provisions of Article (11) of the Income Tax Law promulgated by Law No. (24) of 2018 and Article No. (30) of the Implementing Regulations of the Law,

It was decided to extend the deadline for submitting the tax return for the tax year 2020 for a period of two months, each according to its accounting period, approved by the Authority if it is different from the tax year referred to in the circular.

The provisions of this circular shall not apply to all companies operating in the field of petroleum operations and petrochemical industries.

All relevant authorities, each according to its competence, shall implement this circular from its issuance date.