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Saudi inflation driven up by food and vehicle prices as VAT hangover lingers

Saudi inflation driven up by food and vehicle prices as VAT hangover lingers

  • Prices rose 5.3 percent the previous month according to data from the General Authority for Statistics
By Arab News ·
 Value-added tax (VAT) in Oman will provide the government 300 million Omani riyals revenues in 2021. (Shutterstock/File Photo)

Oman to get $780m revenues from VAT in 2021, $400m in 2022, says Ubhar CEO

By Arab News ·
Real estate VAT exemption boosted 2020 market activity

Real estate VAT exemption boosted 2020 market activity

By Arab News ·
Inflation in Saudi Arabia dropped back to 5.3 percent year-on-year in the final month of 2020. (Shutterstock/File Photo)

Saudi inflation eases, but impact of VAT hike to remain into 2021: Economics report

By Arab News ·
Oman begins implementing value-added tax in April, excluding 94 food items

Oman begins implementing value-added tax in April, excluding 94 food items

By Asharq ·
Oman income tax expected in 2022 in fiscal shake-up

Oman income tax expected in 2022 in fiscal shake-up

By Reuters ·
Oman to introduce 5% VAT within six months

Oman to introduce 5% VAT within six months

By Arab News ·
Gold rush as Saudi shoppers queue to beat VAT deadline

Gold rush as Saudi shoppers queue to beat VAT deadline

By Fahad Alzahrani & Sean Cronin ·
Indonesia to impose VAT on internet giants from July

Indonesia to impose VAT on internet giants from July

By Reuters ·
‘Oman to apply VAT in early 2021’: Commerce minister at World Economic Forum

‘Oman to apply VAT in early 2021’: Commerce minister at World Economic Forum

By Arab News ·
Saudi VAT revenues hit SR46.7bn in a year: Finance minister

Saudi VAT revenues hit SR46.7bn in a year: Finance minister

By (SPA) ·
GCC states look to new taxes as oil revenues remain weak

GCC states look to new taxes as oil revenues remain weak

By Arab News ·
Special Global conference tackles illicit trade

Global conference tackles illicit trade

By Jennifer Bell ·

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