Riyadh – Mubasher: Saudi Arabia is set to begin implementing a selective tax on soft drinks in December 2019, according to a recent statement by the General Authority for Zakat and Tax (GAZT).
In May, the authority approved amendments to existing regulations, including a 100% tax on tobacco and its by-products.
It also imposed a 100% tax on energy drinks, and a 50% tax on soft and sugary drinks.
