The Saudi Zakat, Tax, and Customs Authority (ZATCA) has published the Guideline – VAT Exemption of Real Estate Supplies and its Effect on the Proportional Deduction Formula. The guideline outlines the method, requirements, and obligations for exempting real estate supplies from VAT and its effect on the proportional deduction formula as set forth in the Tax Laws and Implementing Regulations issued by ZATCA.
Source Orbitax
Latest Posts in "Saudi Arabia"
- Saudi Arabia Publishes Regulations for Four Special Economic Zones
- Saudi Arabia Clarifies Tax, VAT and Customs Rules for Special Economic Zones
- Saudi Arabia Issues VAT and Customs Guide for Special Economic Zones
- Saudi Arabia issues procedural guide on tax and customs operations in Special Economic Zones
- Saudi Arabia Issues Tax and Customs Guidelines for Special Economic Zones
