Tag: Saudi Arabia

Why that can of energy drink has doubled in price

Along with the other member states of the Gulf Cooperation Council, Saudi Arabia is gradually implementing the taxation of goods deemed to have negative effects on public health and the environment. For example, tobacco products, electronic vaping equipment and liquids, and energy drinks attract tax at a rate of 100 percent — doubling the price to the consumer. Tax on soft drinks and sweetened drinks is payable at a...

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