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Article
Amendments To The RETT Implementing Regulations
On 3 May 2024, the Zakat, Tax and Customs Authority ZATCA announced amendments to the Real Estate Transaction Tax RETT Implementing Regulations.
Saudi ArabiaFinance and Banking
KPMG
Article
Amendments To Saudi Arabia's White Land Tax Law
The new White Land Tax Law raises the yearly taxes on white lands within urban boundaries up to 10% of the land's value and introduces a tax on vacant real estate within urban boundaries up to 5% of its value.
Saudi ArabiaReal Estate and Construction
Addleshaw Goddard

Article

Amendments To Real Estate Transaction Tax Executive Regulations

The Zakat, Tax and Customs Authority (ZATCA) published on May 3, 2024 the newly amended Real Estate Transaction Tax Executive Regulations (RETT) pursuant to the resolution of His Excellency the Minister of Finance, No. (1445-88-1) issued on 09/02/1445 AH, corresponding to 03/12/2024 AD.

Saudi ArabiaTax

Andersen

Article