Regulation, Risk & Compliance
Tax
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Saudi Arabia: 15% VAT hike comes into effect
Saudi Arabia’s decision to raise the value-added tax rate to 15 per cent was enforced on Wednesday on all goods and services subject to it in markets across the Kingdom, after a royal decree was issued on May 11, Saudi media reported Wednesday. The Saudi General Authority of Zakat and…
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Click here to read the full story: Gulf News