News Sources: A trend of the state to bear the first tax on the purchase of land for citizens

According to sources at the Ministry of Housing, the authorities concerned are considering the possibility for the state to pay VAT on citizens when they want to buy land for the first time, a self-build or access to a social housing.

The sources pointed out, according to "Okaz", that the tax would be included in this case within the state to pay VAT when buying the first housing, no more than 850 thousand riyals of the price d & # 39; purchase.

It stated that the tax borne by this State in this case would be 42,500 thousand riyals, for each house or land with a value of 850,000 riyals or more.