Tag Archives: SAUDI VAT
Certain medicines, medical equipment exempted from VAT in Saudi Arabia
:: The 5 percent value-added tax (plan) will not be imposed on certain medicines and medical equipment, according to Reuters citing a statement carried by Saudi Press Agency (SPA) on Saturday. All other private health care services will be taxed
Saudi VAT impact on consumers
:: The introduction of value-added tax (VAT) next year will directly impact the prices of commodities and services, analysts said. “The price increase will reduce the demand for goods, and this will have a negative effect on companies, most of
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