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Saudi Arabia: New taxpayer group in scope of Phase 2 of e-invoicing announced

The Saudi Arabian Tax and Customs Authority, ZATCA, announced the sixth wave of Phase 2 of e-invoicing. The sixth wave covers taxpayers with at least SAR 70 million (app. USD 18 million) revenue subject to VAT for 2021 or 2022. Taxpayers within this group are expected to integrate as of January 2024.

Source: sovos.com

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