
"Value Added Tax (VAT) Exemption for Foreign Nationals in Real Estate Acquisition"
VAT EXEMPTION As it is known, Value Added Tax, or simply VAT, is an expenditure tax that is paid by the deliverer of goods and services, but charged to the recipient. It varies from 1% to 18%. However, in some cases stipulated by the law, there may be an exemption from the VAT amount. In our article below, we will explain the VAT exemption that foreigners, who are among the VAT exemptions, can benefit from in the purchase of the real estate...