A taxpayer not complying with the provisions of Article 60(a, b, d, and f) of this Law, shall be subject to a fine of 1% of its gross income, provided that the fine does not exceed 20,000 riyals.

In case of failure to file the declaration within the prescribed time, the following fine shall be imposed in lieu of the fine stipulated under paragraph (a) of this Article, if the fine under paragraph (a) is less than the amount specified under this paragraph:

1. 5% of the unpaid tax if the delay does not exceed 30 days of the date specified by law.

2. 10% of the unpaid tax if the delay is more than 30 days and less than 90 days of the date specified by law.

3. 20% of the unpaid tax if the delay is more than 90 days and less than 365 days of the date specified by law.

4. 25% of the unpaid tax if the delay exceeds 365 days of the date specified by law.

Unpaid tax shall mean the difference between the amount of tax due under this Law and the amount paid on the date specified by law under Article 60(b) of this Law.