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  • 02-12-19

    KSA implements 50 percent selective tax on sweetened beverages

    (MENAFN) On December 1, the Saudi General Authority of Zakat and Tax (GAZT) began applying a 50 percent selective tax on sweetened beverages.


    Sweetened beverages contain any product with sugar sources or other sweeteners, which are created in the shape of ready-to-use drink, concentrate, powders, gel, extracts or in any other form that can be transformed into a drink, according to GAZT.


    Argaam reported that, GAZT board of directors agreed on May 15 to improve the selective tax regulations to contain sweetened drinks also the electronic smoking devices and their liquids.

    MENAFN0212201900450000ID1099355071

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