
SAUDI ARABIA: Increased VAT and Customs Duties to Impact ...
· The Saudi Arabian government has announced customs duties increases on about 3,000 goods, effective 10 June 2020. The rate hike, revealed on 27 May 2020, follows an announcement earlier in the month that value added tax (VAT) will also triple, starting 1 July 2020. Customs tariff increases will range from 3% to 25%, with food products such as mutton and .