15% VAT is temporary and it will be reduced
HRH Crown Prince Mohammed bin Salman confirmed that 15% VAT is temporary and it will be reduced from 5% to 10%.
The VAT will be returned to normal from 5% to 10% in the future. 15% VAT is temporary.
HRH Crown Prince Mohammed bin Salman
“There are no plans at all to introduce an income tax in the Kingdom of Saudi Arabia,” the Crown Prince said during his interview.
HRH Crown Prince Mohammed bin Salman
Source
ولي العهد:
— أخبار السعودية (@SaudiNews50) April 27, 2021
الضريبة ستعود إلى الرقم الطبيعي وهو من 5 ٪ إلى 10 ٪ .#لقاء_ولي_العهد
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