Riyadh August 29, 2022:

A draft of the proposed amendments to the RETT Regulations was issued by ZATCA on 27 June 2022 for public consultation on the National Competitiveness Centre platform.

Zakat, Tax and Customs Authority’s (ZATCA) board of Directors approved all the proposed amendments to various Articles of the Real Estate Transaction Tax (“RETT”) Regulations without any changes. Click here to access the official announcement. Also view the RETT Regulations with approved amendments.

ZATCA has also issued a new version of the RETT Implementing Regulations (in Arabic) after incorporating the approved amendments. Click here to view the entire document.