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Value Added Tax In GCC

MAC N ROSS > Value Added Tax In GCC

GAZT( General Authority of Zakat & Tax) of KSA has released Draft Value Added Tax Law

General Authority of Zakat & Tax of Kingdom of Saudi Arabia has released draft value added tax law for public consulting on May 31, 2017. The consultation allow members of the public and business community to provide feedback on KSA VAT Draft Law before sending for final approval. The deadline for feedback submission is 29 June 2017. The accompanying bye-laws will be released in third quarter of 2017. For more info visit www.gazt.gov.sa....

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Unified Agreement For Value Added Tax (VAT) for the GCC Region

The Unified Agreement for Value Added Tax (VAT) of the Cooperation Council for the Arab States of the Gulf published by UM AL-QURA in its issue number 4667 dated 21st April 2017 in KSA. This agreement is to set forth the unified legal framework to introduce VAT in the GCC states which will be imposed on the supply of goods & services and which has been ratified by the Kingdom of Saudi Arabia cabinet....

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