SAUDI ARABIA

Shoura asks to curb tax evasion of social media celebrities

October 14, 2020
The Shoura called on the Non-Oil Revenue Development Center to assign a neutral body to assess the economic and social impacts of non-oil revenue development initiatives.
The Shoura called on the Non-Oil Revenue Development Center to assign a neutral body to assess the economic and social impacts of non-oil revenue development initiatives.

Okaz/Saudi Gazette

RIYADH — The Shoura Council urged on Wednesday the General Authority of Zakat and Tax (GAZT) to intensify its efforts to collect value-added tax (VAT) from social media celebrities, and prevent tax evasion from the part of some of them.

The Shoura called on the Non-Oil Revenue Development Center to assign a neutral body to assess the economic and social impacts of non-oil revenue development initiatives.

It also underlined the need to focus on the entities and sectors with greater revenues to sustain their flow without hindrance.

The center aims to implement unified tools and plans in order to develop the state’s non-oil revenues and improve government agencies’ revenue collection procedures.

The Shoura also instructed the center to clarify the additional services provided by government agencies in exchange for raising fees for them.


October 14, 2020
300 views
HIGHLIGHTS
SAUDI ARABIA
10 hours ago

Saudi Arabia slams Israeli settlement plans near Jerusalem

SAUDI ARABIA
14 hours ago

Music Commission to present ‘Marvels of Saudi Orchestra’ at Palace of Versailles on September 5

SAUDI ARABIA
17 hours ago

Aramco signs $11 billion Jafurah midstream deal with GIP-led consortium