New Saudi taxes on tobacco and soft drinks spark anger
Saudi Arabia will start imposing new taxes on tobacco, sodas and other commodities at a rate that could reach as high as 100 percent, starting from 10 June, according to local media reports. The kingdom's official newspaper published the regulations of these taxes that will come into effect in a few days, including a 50 percent charge on soft drinks and 100 percent on tobacco and its derivatives, as well […]