Tax
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Three Saudi developers say Riyadh portfolios not impacted by White Land Tax rules
Three Saudi-listed developers – Dar Al Majdiah Real Estate Company, Retal Urban Development, and Alandalus Property – said on Sunday that their real estate portfolios in Riyadh City are not subject to the Kingdom’s newly amended White Land Tax (WLT) regulations. Al Majdiah said its wholly owned assets, which comprises…
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