VAT on Real Estate Transactions – A Comparative View of Saudi Arabia and the United Arab Emirates

Journal
Vanhee, T.; Thomas, G.
GCC
International VAT Monitor 2018 (Volume 29), No. 6
PriceUSD 45

On 1 January 2018, Saudi Arabia and the United Arab Emirates introduced VAT. In this article, the authors discuss the VAT regime which has been implemented for the real estate sector in Saudi Arabia and the United Arab Emirates for businesses and individuals, focusing on similarities and differences between the implemented legislation.