New Qatar tax law for companies, not individuals
by Inal ErsanThis email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 17 November 2009
TAX LAW: The Qatar News Agency had earlier not specified specifying the type of income it would tax.(Getty Images)Qatar's new income tax law would apply to revenues of corporations and not that of individuals, a government official said on Tuesday, clarifying a report on the official news agency.
The official Qatar News Agency said earlier on Tuesday the new income law would take effect as of Jan. 1, without specifying the type of income it would tax.
"This law will apply to companies ... not people," the official, who declined to be identified, told Reuters by telephone.
So it is for companies only not individuals, i hope this is really true.
New Qatar tax law for companies, not individuals
by Inal ErsanThis email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 17 November 2009
TAX LAW: The Qatar News Agency had earlier not specified specifying the type of income it would tax.(Getty Images)Qatar's new income tax law would apply to revenues of corporations and not that of individuals, a government official said on Tuesday, clarifying a report on the official news agency.
The official Qatar News Agency said earlier on Tuesday the new income law would take effect as of Jan. 1, without specifying the type of income it would tax.
"This law will apply to companies ... not people," the official, who declined to be identified, told Reuters by telephone.
So it is for companies only not individuals, i hope this is really true.