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January 30, 2024
VAT in Saudi Arabia

In the ever-evolving landscape of taxation, the Kingdom of Saudi Arabia (KSA) has been a notable participant, especially with the introduction of the Value Added Tax (VAT) in January 2018. This indirect tax, implemented by the Zakat, Tax, and Customs Authority (ZATCA), has undergone significant changes, most notably the shift in the basic VAT rate...