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The objective of this study was to examine the impacts of the changeover from business tax to value added tax in the Kingdom of Saudi Arabia.This study was conducted using a combination of a qualitative approach where managers of top companies from the KSA were interviewed(one on one),and a quantitative approach where members of the general population were asked to answer a custom-made questionnaire meant to examine their attitudes,behaviors,and perceptions about the said changeover process.The key findings in the study are:Most of the respondents from the general population think that the imposition of5％VAT on selected goods and services would have a significantly negative impact on their standards of living and quality of life as it would most likely lead to an upward movement of prices of economic goods and services,Most of the respondents from the general population think that it is only timely and necessary for the government of KSA to impose such taxes in light of the recent economic challenges that have surfaced,and The respondents who were managers of the top KSA-based companies were optimistic about the impacts of the changeover from business tax to VAT in the KSA but they cited that the risks of supply disruptions as a result of the newly imposed VATs on companies are real and should be well analyzed by both managers of other companies and the policymakers.