The Sales Tax Rate in Saudi Arabia stands at 5 percent. source: General Authority OF ZAKAT & TAX, Saudi Arabia

Sales Tax Rate in Saudi Arabia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Sales Tax Rate - VAT is projected to trend around 5.00 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Saudi Arabia Sales Tax Rate - VAT

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 5.00 5.00 2018 - 2019 percent Yearly


Saudi Arabia Sales Tax Rate - VAT
In Saudi Arabia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Saudi Arabia.

Saudi Arabia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 45.00 20.00 percent [+]
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Social Security Rate 22.00 22.00 22.00 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 12.00 11.00 percent [+]
Social Security Rate For Employees 10.00 10.00 10.00 9.00 percent [+]
Sales Tax Rate 5.00 5.00 5.00 5.00 percent [+]