Saudi Arabia will not reconsider 15% VAT increase in short to medium-term: Minister

Saudi Arabia’s finance minister said on Sunday that a decision to triple value-added tax to 15 per cent would not be reconsidered in the short to medium term, but might be looked into in the long term.

Sources:

• khaleejtimes.com
• gulfnews.com
• saudigazette.com.sa
• Avalara