Saudi Arabia’s income from VAT will contribute around 43 percent of non-oil revenue in 2021, up from 25 percent last year and 14 percent in 2019, Jadwa Investment estimated.
Source: arabnews.com
Latest Posts in "Saudi Arabia"
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
- Saudi Arabia Launches VAT Refund Service for Tourists to Boost Economic Diversification and Tourism
- Saudi Arabia’s ZATCA Phase 23 E-Invoicing: Key Compliance Steps for 2025 Roll-Out
- Saudi Arabia Introduces VAT Refund Program to Boost Tourism and Shopping Experience