Wadih AbouNasr, Head of Tax, KPMG KSA Levant Cluster: ViewpointOBGplus
Viewpoint:Wadih AbouNasr Direct and indirect taxation have been used to increase non-oil revenues and provide services for citizens. Whether it is corporate, individual income, sales, excise or value-added tax (VAT) or custom duties, the main objective is typically to increase revenue and, in some instances, change the behaviour of citizens. Excise taxes on tobacco and sugary drinks are meant…