Tag: VAT
Indonesia to tax Facebook, TikTok from September
Indonesia has announced the names of more technology firms that will be expected to apply a 10% Value added tax on sales to Indonesian...
Saudi Arabia to pay VAT for a few activities following rate...
Saudi Arabia's General Authority for Zakat and Income (GAZT) has stated that the Kingdom's government will pay value-added tax (VAT) on three services and...
FTA working group formed to assess the impact of hiked VAT...
According to Minister of Industry and Mineral Resources Badr Al-Khorayef, A working group with the Foreign Trade Authority (FTA) has been developed to deal...
Not planning to hike VAT: UAE Finance Minister
Following the news that Saudi Arabia would be tripling its rate from 5 percent to 15 percent, the UAE Ministry of Finance has been...
Saudi Arabia increased VAT to 15%; Cost of living allowance deferred.
In order to support the struggling economy which is facing a unique challenge in the face of global coronavirus pandemic, Saudi Arabia declared a...
