Saudi Arabia will cover the VAT costs of buying new houses for its citizens, including those who previously owned houses, but sold them without benefiting from the tax exemption initiative, according to local Arabic paper Okaz.
Source: Zawya
Latest Posts in "Saudi Arabia"
- Saudi Arabia to Launch E-Invoicing Wave 24 by June 30, 2026
- Saudi Arabia Announces Criteria for 24th Wave of VAT E-Invoicing System Integration
- Mandatory Shipment Certificate for Imports to Saudi Arabia Starting October 2025
- Saudi Arabia Introduces VAT Refund Program for Tourists and GCC Nationals to Boost Tourism
- Briefing document: Saudi Arabia FATOORAH E-invoicing Compliance
