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Wednesday, June 16, 2021
Tags Tax

Tag: tax

Taxes on junk food, luxury items to be rolled out in Qatar soon

Photo for illustrative purposes only. Credit: Quinn Dombrowski/FlickrA draft law governing new “selective” taxes has been approved by Qatar’s Cabinet and could be implemented...

Experts: Qatar businesses should start preparing for VAT now

The 5 percent value-added tax (VAT) is expected to take effect here in 2018 as part of a GCC-wide agreement. It comes as Qatar's government forecasts budget deficits for the next three years amid falling oil prices.

Expert: Qatar, GCC to roll out consumption taxes within three years

Earlier this month, GCC finance ministers agreed to exempt 94 food items, as well as education and health services, from taxation and set a new deadline for member states to individually start levying a VAT.
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