Wednesday 06, December 2017 by Jessica Combes

FTA announces supplies subject to VAT and identifies exempt supplies

 

The Federal Tax Authority (FTA) has announced the supplies that will be subject to Value Added Tax (VAT) as of 1 January 1 2018, revealing selected sectors that will be assigned zero-rated tax, such as education, healthcare, oil and gas, transportation and real estate.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more