The Indirect Tax implications of COVID-19 in the GCC: The real estate industry

The real estate sector has implemented various measures in
response to the economic impact from COVID-19, from landlords
offering rent exemptions to developers waiving off certain charges
on the acquisition of property. We look at the Value Added Tax
(VAT) impact of some of these below as well as how the sector can
better manage VAT cash flow costs.

Source: Deloitte




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