Saudi tax - updates

Rappler's latest stories on Saudi tax

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Saudi triples VAT in unpopular virus-led austerity push

Jul 01, 2020 - 2:00 PM

Retailers in Saudi Arabia report a sharp uptick in sales this week of everything from gold and electronics to cars and building materials, as shoppers sought to stock up before VAT is raised to 15%

Saudis shop at a jewellery shop in the Taiba gold market in the capital Riyadh on June 29, 2020, after authorities announced a 10% increase in the VAT rate, to reach 15%, starting from first of July. (Photo by FAYEZ NURELDINE / AFP)