VAT/GST developments for real estate in the Asia-Pacific region

Below we have summarized various updates in respect of immovable property in the Asia-Pacific region.

Australia

* Development lease arrangements in the ACT

China

* Shanghai raises ownership period for VAT exemption on house sale

Georgia

* VAT incentives for property rental

India

* Analysis of GST on Real Estate Sector-Simplified

* GST compliances with respect to real estate services

* GST Input Tax Credit on Construction of Immovable Property

Indonesia

* Govt to Bear VAT on Home Sales to Push Growth

New Zealand

* Do certain supplies wholly or partly consist of land for the compulsory zero-rating (CZR) rules?

Singapore

* GST: Guide for Property Owners and Property Holding Companies (Sixth Edition)

Vietnam

* Recent developments: Development of digital economy in Vietnam, Newsbrief on tax regulations in the Real Estate Industry

For more (worldwide) news about VAT/GST etc. regarding real estate, please click here.