Recorded_Webinar
14 Jul.

An update on all indirect taxes one year after the VAT rate increased in KSA

Webinar recording

Wednesday, 01:00 p.m.  GST | 1 hr
Event language: English
Learn more about

Effective 1 July 2020, the Kingdom of Saudi Arabia (KSA) announced the increase of the Value added Tax (VAT) rate. Following this announcement, many developments such as the introduction of Real Estate Transaction Tax (RETT), e-Invoicing, penalty amnesty, and the merger of the Customs authorities with the tax authorities took place during the year.

Given all recent updates, Deloitte held a webinar on Wednesday, 14 July, 2021 where our KSA Indirect Tax specialists will explore the following topics:

  • e-Invoicing readiness check;
  • RETT - Challenges (BOOT projects/ input VAT recovery/ Indirect transfer of shares) and wish list from the final law to be published;
  • ZATCA’s approach to the VAT assessments and litigations, and risk mitigation steps;
  • Latest development in Customs and global trade matters including audit trends for KSA; and
  • Customs implications from and e-Invoicing perspective.

Speakers
Michael Camburn

Michael Camburn

Indirect Tax | Bahrain & KSA leader

Michael is the Indirect Tax Leader of Bahrain and the Kingdom of Saudi Arabia (KSA) based in Riyadh. He has over 25 years of experience in Value Added Tax (VAT).  He has worked across a number of jurisdictions including the USA, Switzerland and the UK to help clients deal with and manage their indirect taxes. He is using his experience in the GCC to advise on practicalities for VAT implementation and post-implementation processes, as well as addressing technical issues. Michael has significant experience working across a number of sectors, most notably Telecommunications, Travel, Manufacturing and Fintech.  He also advises clients around supply chain reorganizations and VAT optimization planning in addition to providing advice in respect of mergers and acquisitions.  Michael works closely with the Deloitte Tax Technology team in helping clients with their systems, process and compliance challenges.

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Wednesday, 14 Jul 2021 01:00 p.m. GST
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