Article 9 - Allocating Payable Tax Upon Settlement

Article (9)

Allocating Payable Tax Upon Settlement

1. A Taxable Person shall, when paying any amount to the Authority, specify the type of Tax and the relevant Tax Period to which the amount relates; the Authority shall allocate the payment accordingly.

2. If a Taxable Person makes any payment without specifying the type of Tax or the Tax Period, the Authority shall have the right to allocate the full amount or part thereof according to the mechanism that will be determined in the Executive Regulation of this Law.

3. If a Taxable Person pays more than the Payable Tax amount, the Authority shall have the right to allocate the difference to a subsequent Tax Period, unless such Taxable Person submits a refund application in accordance with the provisions of this Law.

4. If a Taxable Person pays less than the Payable Tax amount, the provisions of Title Three, Chapter Four of this Law shall apply