Saudi Arabia introduces 5 pct ‘Real Estate Transaction Tax’
- Date: 02-Oct-2020
- Source: Al Arabiya
- Sector:Real Estate
- Country:Saudi Arabia
Saudi Arabia introduces 5 pct ‘Real Estate Transaction Tax’
Saudi Arabia will impose a new five percent tax on real estate transactions, according to a Royal Decree by King Salman bin Abdulaziz, state news agency SPA reported on Thursday.DevelopingSaudi Arabia will impose a new five percent tax on real estate transactions, according to a Royal Decree by King Salman bin Abdulaziz, state news agency SPA reported on Thursday.Developing