21 December 2017
The Saudi Arabian tax authorities (GAZT) has announced that, under its new VAT regime introduced on 1 January 2018, the supply of digital services to consumers by non-resident providers will be subject to VAT at 5%.
This will require non-resident providers of these types of services to VAT register if they exceed the VAT registration threshold of SR 1,000,000 set in the country.
This new tax will be applied to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.
LATEST NEWS
Update: Ukraine changes proposals to end import VAT...
Ukraine is now proposing to end VAT exemptions on the import of low value goods into the country. If accepted this will mean all imports regardless of value...
SEE MORE
LATEST NEWS
Foreign providers liable to register and collect VAT...
During September 2024, the Federal Democratic Republic of Ethiopia introduced VAT on the sale of digital services by non-resident providers to local consumers...
SEE MORE
LATEST NEWS
Update: Foreign providers selling digital services B2C...
From 1 October 2024, the Peruvian tax authority will introduce VAT at 18% on the sale of digital services by non-resident providers to local consumers. Peru...
SEE MORE