A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Wednesday, May 29, 2024

GCC selective tax on way

 GCC selective tax on way
GCC selective tax on way

(Riyadh) – The Saudi Ministry of Finance said that it has not yet applied the selective tax on some goods such as soft drinks, energy drinks and tobacco and its derivatives.

It reported that it would be starting the application after the ratification of the consolidated convention on the tax selectivity and the issuance of the rules of procedure, which includes the common provisions contained in this convention and in accordance with the resolutions of the Supreme Council for the Leaders of GCC in the 36th session which was held in December 2015 and the 37th Session in December 2016.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.


HH Sheikh Ahmed Opens Arabian Travel Mart

H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of...

King Charles to Resume Public Engagements

Buckingham Palace has confirmed that King Charles will be...

President of China on a Europe Visit

Chinese President Xi Jinping arrived in Paris for a...

Dubai Maintains Tourism Growth

Dubai's tourism sector continues to soar, with a record...

Dubai Crown Prince attends Armed Forces Celebration

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum,...

UAE & New Zealand discuss economic partnership

The United Arab Emirates and New Zealand have embarked...

UAE & Turkmenistan expand Economic ties

Turkmenistan's Berdimuhamedow urges UAE collaboration in gas field development....

Crown Prince Appreciates the World Governments Summit Team

The Crown Prince Appreciates the valuable efforts of the...

WTO Promotes Consensus

The final World Trade Organization General Council meeting before...