whats this about income tax in Qatar?

corcaoich
By corcaoich

article from Gulf Times yesterday!

Draft byelaws on income tax

A set of draft byelaws on income tax prepared by the Finance Ministry is currently being circulated to all foreign firms and business establishments operating in Qatar in order to ascertain their views before its implementation, says a report published in a local Arabic daily.
Among the salient points covered by the byelaws are: profits and bank interests accrued from sources abroad will not be taxable; income gained by any resident or non-resident expatriate from business activities initiated within the country shall be taxable. These activities include projects in the fields of trade, industry, agriculture, services in general; and professional ventures and renting of properties.
The purpose of these byelaws is to facilitate the implementation of the Law No.21 of 2009 on income tax. Deduction of tax at source, depreciation, procedures for filing tax statements are among the other aspects covered by the draft byelaws. It will be implemented with retrospective effect from January of this year, says the report.
It is mandatory on every person, corporate or individual to apply for a personal access number (PAN) card based on the type of business activity to be carried out. It also provides for the constitution of a tax tribunal to look into complaints and grievances.

By corcaoich• 1 Jun 2010 21:17
corcaoich

Try

http://www.gulf-times.com/site/topics/AdvSearchResult.asp?cu_no=2&text=income%20tax

Hope this is a Gulf Times confusion of personal income tax and corporate tax!

By drmana• 1 Jun 2010 20:55
drmana

Can you provide us with the link please...

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.