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Proposed Tax Law Amendments and Refunds for Real Estate Developers in Saudi Arabia

  • ZATCA proposes tax law amendments on Istitlaa platform in KSA
  • ZATCA published additional rules on tax refunds for eligible real estate developers
  • The rules allow for the recovery of VAT on properties with suspended construction
  • The proposals are open for public consultation on the Istitlaa platform.

Source: assets.kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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