Saudi Arabia approves VAT implementation
- Feb 1, 2017 | Richard Asquith
The Saudi Arabian government has approved this week the introduction of VAT from 1 January 2018.
The country is anxious to diversify itself from unreliable oil duty revenues, which have fallen sharply over the past three years.
The likely standard rate will be 5%. VAT is being introduced in the five other Gulf Co-operation Council countries at the same time.
Saudi Arabia VAT news
Total results : 4
avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/saudi-arabia,avalara:content-tags/location/world/middle-east-and-africa/saudi-arabia
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avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/saudi-arabia,avalara:content-tags/location/world/middle-east-and-africa/saudi-arabia
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avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/saudi-arabia,avalara:content-tags/location/world/middle-east-and-africa/saudi-arabia
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North America Country VAT Guide - Avalara
VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara