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Ladun Investment Secures SAR 1.03M White Land Tax Relief
Ladun Investment Co. secured SAR 1.03M in tax relief after successfully contesting 2026 white land fees. The firm still has SAR 1.03M in invoices pending.
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Ladun Investment Co. has successfully contested a portion of its 2026 white land tax liability, securing the cancellation of invoices totaling SAR 1.03 million. The company confirmed that the relevant regulatory bodies accepted its objections after verifying that the land in question had been developed and sold to third-party buyers before the tax assessment period. This resolution removes a specific financial burden that had been contested under the Executive Regulations for White Land Tax.
Regulatory Compliance and Tax Liability Resolution
The successful objection highlights the importance of land development status in the application of Saudi Arabia's white land tax framework. By demonstrating that the properties were no longer vacant or under the company's control at the time the fees were levied, Ladun effectively navigated the exemption criteria. Beyond the SAR 1.03 million in cancelled fees, the company also addressed two additional invoices amounting to SAR 497,940. These were settled through direct payments by the respective buyers, further reducing the company's outstanding tax exposure for the 2026 cycle.