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Saudi Arabia to issue undeveloped land tax rules soonSaudi Arabia will announce the final regulations on an annual tax on undeveloped urban land in two weeks, the housing minister said on Wednesday. "Land fees are now complete and have been studied by all concerned entities and More… |
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Saudi Arabia taxes undeveloped urban landSaudi Arabia has imposed an annual tax on undeveloped urban land, the Housing Ministry said on Sunday, finalising the rules for a system intended to address a shortage of affordable housing. The introduction of a land tax, first a More… |
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Saudi cabinet approves tax on undeveloped landSaudi Arabia's cabinet has approved a proposal to tax undeveloped land in urban areas, a policy that could help to end a shortage of affordable homes and spur economic growth. The cabinet told a council of top economic officia More… |
