Saudi Finance Minister Mohammed Al-Jadaan revealed that there will be no reduction in value-added tax (VAT) in the near future, but it would be considered when public finances improve in several years.
Source:
Latest Posts in "Saudi Arabia"
- Saudi VAT 2025: Digital Marketplaces Face New Deemed Supplier Liabilities and Compliance Challenges
- Saudi Arabia Simplifies Proof of Origin Rules for GCC Imports, Removes Guarantee Requirement
- Saudi EXIM Empowers Saudi Exporters with Comprehensive Risk Mitigation and Insurance Solutions
- Navigating Tax Compliance and ZATCA Audits in Saudi Arabia: Key Triggers, Process, and Penalties
- Saudi VAT 2025: Stricter TOGC Rules and Cessation Obligations for Business Transfers and Closures
