Qatar Amends Executive Regulations to Income Tax Law
 

Qatar Amends Executive Regulations to Income Tax Law

June 7, 2023by admin0

On 16 May 2023, Council of Ministers published Decision No. 3 of 2023 (Amended Regulations) in the State of Qatar to introduces amendments to the Executive Regulations of the Income Tax Law:

  • The Amended Regulations clarify that activities in the negative list that will not be considered creating a Permanent Establishment in Qatar.
  • Determination of PE’s Taxable Income has been revised.
  • Certain criteria for tax exemption have been modified, possibly impacting the eligibility of entities or transactions for tax relief.
  • The General Tax Authority has been granted enhanced authority to collect and access relevant information for tax administration and enforcement purposes.
  • The Economic Substance rules now include entities that meet certain revenue, asset, and outsourcing conditions over the last two fiscal years.

Leave a Reply

Your email address will not be published. Required fields are marked *

REACH US Headquarters
Onboard the UAE’s one of most trusted advisory firm offering various tailored services to support all upcoming & existing businesses across the UAE.
OUR LOCATIONSWhere to find us?
FAME Advisory: Suite 405, Office Court Building, Oud Metha Road Bur Dubai, P.O. Box 103904, Dubai, UAE


TMSL (Collaboration Partner): 501-A, Pinnacle Corporate Park Next to Trade Centre, BKC, Bandra East Mumbai, Maharashtra, India

GET IN TOUCH
Follow us on Social Media
To get the latest news and updates from FAME Advisory, join our social media now.
REACH USHeadquarters
Onboard the UAE’s one of most trusted advisory firm offering various tailored services to support all upcoming & existing businesses across the UAE.
OUR LOCATIONSWhere to find us?
FAME Advisory: 412, Office Court Building - D79, Oud Metha, Dubai, UAE


TMSL (Collaboration Partner): 501-A, Pinnacle Corporate Park Next to Trade Centre, BKC, Bandra East Mumbai, Maharashtra, India

GET IN TOUCHFollow us on Social Media
To get the latest news and updates from FAME Advisory, join our social media now.

Get in touch