for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Oil report

Saudi Arabia imposes new tax on property deals, exempts them from VAT

CAIRO, Oct 2 (Reuters) - Saudi Arabia will exempt real estate transactions from a 15% value-added tax and instead impose a new 5% tax on property deals, said a royal order issued by King Salman on Friday. (Reporting by Samar Hassan; Editing by Muralikumar Anantharaman)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up