Saudi Arabia: Public consultation on draft regulations for real estate transaction tax
Comments are due March 15, 2025
The Zakat, Tax, and Customs Authority (ZATCA) on February 15, 2025, published the draft implementing regulations for real estate transaction tax (RETT) for public consultation.
The RETT law was published in the official gazette on October 11, 2024, and becomes effective within 180 days of its publication (i.e., April 9, 2025).
Comments are due March 15, 2025.
For more information, contact a KPMG tax professional:
Philippe Stephanny | philippestephanny@kpmg.com