Logo 06 Jan 2026

Authorities extend value-added tax breaks for housing resales

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Policymakers closed out 2025 with more modest support for the property sector. On December 30, the finance ministry (MoF) and tax authorities (STA) announced new value-added tax (VAT) breaks for housing resales.

Previously, individual homeowners paid 5% VAT when selling properties held for less tha...