The Minister of Finance, Chairman of the Board of Directors of the Zakat, Tax, and Customs Authority,
based on article 6 of Royal Order O/84 dated 14 Safar 1442 [2 October 2020],
and after perusal of the Executive Regulation of the Real Estate Transactions Tax issued by Ministerial Decision 712 of 15 Safar 1442 [3 October 2020] and its amendments,
hereby decides
First
The amendment to the Executive Regulation of the Real Estate Transactions Tax is hereby approved in the form attached.
Second
This decision must be communicated to those required to implement it, and must be published on the official gazette, and comes into force on the date of its publication.
May Allah provide success.
Mohammed bin Abdullah Al-Jadaan
Minister of Finance, Chairman of the Board of Directors of the Zakat, Tax, and Customs Authority
Issued on: 2/9/1445
Corresponding to: 12/3/2024
Published in Umm Al-Qura 5030 issued on 3 May 2024.