Qatar: Simplified Tax Return Controls Explained

Qatar News developments

Qatar: Simplified Tax Return Controls Explained

Alsharq, 29 May 2023: The General Tax Authority has announced individuals who are taxpayers and own tax-exempt companies under the ownership of Qatari nationals or nationals of Gulf Cooperation Council member states can personally submit a simplified tax return.

The authority has clarified the taxpayer must be present in Qatar, and the company’s capital should be below 1 million riyals.

Additionally, the company’s revenues must be less than five million riyals.

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Tanya Jain