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.
The Kingdom of Saudi Arabia (KSA) General Authority for Zakat and Tax (GAZT) has published a new Value Added Tax (VAT) VAT guide on investment funds, trusts, and estates. The guide is available in both Arabic and...
Saudi Arabia’s non-oil revenue reached $79.46bln in 2018 from $44.26mln in 2015
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