Tag: Digital System

The cost of failure to implement VAT in Saudi is higher than we think. A 100% failsafe system is needed for economic transactions and VAT collection. Rev. 13:17, that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. A biometric marking on the forehead or right hand. Simple enough.

The cost of failure to implement VAT in Saudi is higher than we think. A 100% failsafe system is needed for economic transactions. Three challenges stand out, according to David Stevens, GCC VAT Implementation Partner, EY Sun 10 Feb 2019. Arabian Business. The arrival of VAT in January […]