VATupdate

No income tax, VAT still under legislation: Qatar tax official

Doha: President of the General Tax Authority (GTA) Ahmed bin Issa Al Mohannadi confirmed that the Authority does not intend to impose a tax on income and that the value-added tax is still under legislation.

In an interview with Arabic newspaper Al-Sharq published on Sunday (Nov 7, 2021), GTA President said that the tax is one of the most important tools for diversifying the country’s sources of income and from a legal point of view, and in line with the legal principle, the State of Qatar has issued Income Tax Law No. 24 of 2018 and Selective Tax Law No. 25 of 2018 regarding selective tax, undertaken by the Authority, which is the competent authority to implement these laws.

Source The Peninsula

Sponsors:

VAT news
VAT news

Advertisements:

  • VAT news
  • VAT news
  • VAT news