The Zakat, Tax and Customs Authority (ZATCA) approved levying value-added tax (VAT) on profit margins from qualified used cars, excluding the total sale value, as of July 1.
Source: www.argaam.com
Latest Posts in "Saudi Arabia"
- 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
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
