Strategizing International Tax Best Practices – by Keith Brockman

VAT, Saudi Arabia-trend?

May 13, 2020

Saudi Arabia has tripled its 2-year old VAT law, from 5% to 15%, as of July 1, 2020.

Does this represent a new trend for countries hungry for revenues due to shortfalls from COVID-19?

https://www.bbc.com/news/business-52612785

Category:

Tax Risk Management

Leave a comment

Leave a Reply

Please log in using one of these methods to post your comment:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

%d bloggers like this: