Saudi Arabia takes part in Ministerial Meeting in New York in support of Yemeni government    Saudi Arabia is keen on continue working with US Princess Reema attends inauguration of President Trump    Saudi FM meets Libyan PM in Davos    Saudi Arabia congratulates Trump; lauds distinguished relations with US    Arcapita & Parkway invest in a portfolio of high-growth Artificial Intelligence companies    "Dar wa Emaar" generates more than SR900 million in sales of "Tala al Khuzam" units within 2 months Unique housing and investment opportunity in north Riyadh    Saudi Aramco chief expects oil demand to rise by 1.3 million bpd this year    Saudi Minister of Economy and Planning meets with Schneider Electric chairman in Davos    Trump makes 'two genders' and anti-DEI policy official    Princess Hessa bint Salman attends launch of fashion design exhibition in Riyadh Princess Noura Al-Faisal: Art of Heritage showcases Saudi identity with a modern vision    Mexican border town declares state of emergency as Trump pledges mass deportations    Trump vows to leave Paris climate agreement    Trump declares border emergency and scraps asylum app in immigration crackdown    Weight-loss drugs may boost health in many ways    Interior ministry introduces drone to enhance road security    Sir Anthony Hopkins mesmerizes Riyadh with his first live musical performance 'Life Is A Dream'    Yazeed Al-Rajhi wins Dakar Rally 2025: A historic first for Saudi Arabia    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Al Ittihad secure 4-1 victory over Al Raed to maintain pressure on Al Hilal in RSL title race    Marcos Leonardo shines with hat-trick as Al Hilal thrash Al Fateh 9-0 to equal RSL record    Saudi's first pro boxer Ziyad Almaayouf set for monumental Riyadh return during Riyadh Season    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



50% selective tax on sweetened beverages from December 1
Published in The Saudi Gazette on 17 - 06 - 2019

RIYADH — The General Authority of Zakat and Tax (GAZT) has said that it will start implementing a decision of the Gulf Cooperation Council (GCC) to expand the selective tax on beverages harmful to health.
Accordingly 50 percent selective tax will be imposed on sweetened beverages effective from December 1 this year.
GAZT has recently approved amendments in its selective tax regulations to include sweetened drinks as well as electronic smoking devices and their liquids.
According to the amended regulations, a selective tax of 100 percent will be imposed on tobacco and its byproducts, electronic smoking tools and their liquids, as well as energy beverages, while a 50 percent tax will be applied to soft drinks and sweetened drinks.
The GCC had earlier decided to impose selective tax on soft carbonate drinks and energy drinks and later to include sweetened beverages that are harmful to health under the unified GCC selective tax agreement.
The tax system for these beverages will be 50 percent of the retail price for the final consumer beginning from December 1, which will be applied by the GCC countries.
GAZT said that sweetened beverages include any product added to it sugar sources or other sweeteners that are produced in the form of ready-to-use drink, concentrate, powders, gel, extracts or in any other form that can be converted into a drink. The authority noted that the health reports pointed to the negative results of the consumption of such beverages, stressing that the consumers are exposed to a number of diseases and weight gain, and they can replace canned beverages and sweetened drinks with fruits and natural juices rich in vitamins and that are beneficial for the health.
GAZT confirmed that the selective tax will not be applied to sweetened beverages containing milk at a rate not less than 75 percent of the content of the ready-to-use drink, as well as milk and milk formulas, in addition to natural fruit drinks without additives. GCC states implemented selective tax on tobacco and energy drinks at various dates while the tax came into being in the Kingdom from 11 June 2017.


Clic here to read the story from its source.