Saudi Arabia Tax Agency Announces VAT Amendments

The Saudi General Authority of Zakat and Tax announced VAT amendments on sales and transfers of real estate.

The announcement includes:

  1. 15 percent VAT exemption on sales, transfers, rent, and leases related to real estate
  2. The new 5 percent real estate disposal tax;
  3. Criteria to claim VAT and real estate disposal tax exemptions;
  4. The scope of the real estate disposal tax; and
  5. Developers can still claim input deductions on the transfers.

[Saudi Arabia, General Authority of Zakat and Tax, 10/02/20]

Share your thoughts

This site uses Akismet to reduce spam. Learn how your comment data is processed.



Click one of our representatives below to chat on WhatsApp or send us an email to

× How can I help you?