Khaberni - Syrian President Ahmad Al-Shar' has issued a presidential decree providing exemptions for those liable for the tax on true profit income, other direct taxes and financial fees, the consumption tax, the financial stamp duty, and their additions for the years 2024 and before from all interests, penalties, and fines if they settle their dues by the end of March 2026, and from half of these penalties if payment is made from April to June 2026.
According to paragraph "A" of Article One of the presidential decree, those liable for the tax on true profit income and its additions for the years 2024 and before, as well as those liable for other direct taxes and financial fees, the consumption tax, and the financial stamp duty and its additions for the years 2024 and before are exempt from all interests, penalties, and fines of any kind if they settle the tax or fee for any of the mentioned years by 31 March 2026.
Paragraph "B" states that those liable for the tax on true profit income and its additions for the years 2024 and before, as well as those liable for other direct taxes and financial fees, the consumption tax, and the financial stamp duty and its additions for any of the years 2024 and before, are exempt from 50% of the interests, penalties, and fines of any kind if they settle the tax or fee for any of the mentioned years during the period from 1 April until 30 June 2026, according to the Syrian News Agency "SANA".
Those who have settled any of the taxes and fees referred to in the previous two paragraphs before the effectiveness of this decree are also exempt from unpaid interests, penalties, and fines, and the interests, penalties, and fines paid before the decree came into effect are not refundable.
According to Article Two, the provisions of Article One of this decree apply to the true profit income charge and the consumption tax, financial stamp duty for the year 2024 and before, which are enforced after this decree becomes effective, and for the charges for the years 2024 and before concerning the other taxes and fees covered by the provisions of this decree if any of them are settled before the end of the year in which the tax or fee is due and are enforced according to current texts.
The provisions also apply to fines resulting from the application of Law No. 25 and its amendments concerning inquires and combating tax evasion, in addition to personal accounts collected by the financial departments.
