Saudi Arabia announces new sugar tax for soft drinks and sweetened beverages

ZATCA clarified that the new system fully replaces the existing model, which applied a fixed 50 per cent excise tax based on the retail price of sweetened beverages The post Saudi Arabia announces new sugar tax for soft drinks and sweetened beverages appeared first on Gulf Business.

Saudi Arabia announces new sugar tax for soft drinks and sweetened beverages

ZATCA clarified that the new system fully replaces the existing model, which applied a fixed 50 per cent excise tax based on the retail price of sweetened beverages

The post Saudi Arabia announces new sugar tax for soft drinks and sweetened beverages appeared first on Gulf Business.

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