The pickup in inflation highlighted the continuing impact of higher value added tax (VAT) which was increased to 15 percent in July 2020 from 5 percent before.
Source: arabnews.com
Latest Posts in "Saudi Arabia"
- Saudi Arabia VAT Guide for Cross-Border Sellers
- Saudi Arabia ZATCA Announces 24th Group E-Invoicing Integration Rules by 2026
- Saudi Arabia to Launch E-Invoicing Wave 24 by June 30, 2026
- Saudi Arabia Announces Criteria for 24th Wave of VAT E-Invoicing System Integration
- Mandatory Shipment Certificate for Imports to Saudi Arabia Starting October 2025
