Article 60 - Extension of Time to Pay Tax

The Authority may, if a Taxable Person presents evidence showing that he is unable to pay the Tax when due or showing that he would suffer hardship from payment thereof in a single payment, allow payment in installments of Tax and penalties, fines, or charges payable.

A request by a Taxable Person to make payment of Tax, penalties, fines or charges in installments must be made in writing to the Authority. Such request must identify the amounts due, the relevant Tax Periods in respect of which payments are due, and the reasons for inability to pay by the due date or dates. The request must include supporting evidence.

The Authority shall provide notification of acceptance or refusal to the Taxable Person within twenty (20) days from the date of receipt.

The notification of approval will prescribe the value and a due date for each installment, and the Tax Period or Tax Periods to which each installment relates. The Taxable Person must quote its Tax Identification Number and the Tax Period or Tax Periods with each installment payment. Collected amounts will be allocated in accordance with the seventh Paragraph of Article 59 of these Regulations.

The due dates for all installments due in any approved payment arrangement must not span a period in excess of twelve months. The Board of Directors of the Authority may, however, extend this period beyond twelve months in accordance with specific criteria issued pursuant to a separate resolution.^[94]

In cases where the Taxable Person does not pay two installments, or other cases where the Authority believes it necessary for protection of the public revenues of the Kingdom, the installment arrangement may be revoked by the Authority. Notification shall be provided to the Taxable Person upon revocation. In these cases, the Taxable Person will be required to make immediate payment of the remaining due balance.

The allowance of an extension of time to pay under this Article does not suspend liability of a Taxable Person to pay any penalty for delay levied pursuant to the Law and these Regulations for the period of the extension.