Revenues generated from the tax will go towards funding “airport infrastructure development projects and enhancing airport services.
Read more: StepFeed
The General Authority for Zakat and Tax (GAZT) has implemented an extensive inspection campaign to shops in the retail sector, the Saudi Press Agency reported.
GAZT has now published a transitional VAT guide, clarifying how VAT will apply to contracts straddling the effective date of the increased VAT rate. Continuous supplies Contracts concluded before 11 May 2020: The supply...
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