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Gulf tax revolution: Qatar approves VAT bill

Gulf tax revolution: Qatar approves VAT bill Qatar has approved a bill for the implementation of VAT and other taxes in 2018. The rest of Gulf countries will also introduce measures of this type. The Qatari government has recently approved a proposal for legislation to introduce the VAT tax and another rate...

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Qatar to invest 5 billion pounds in UK

Qatar to invest 5 billion pounds in UK Qatar announces that it will invest a total of £5 billion over the next three to five years in transport, real estate and digital technology infrastructures. The Qatari government, through the Ministry of Finance, has announced that it will invest some 5,000 million pounds...

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Brexit and Qatar

Brexit and Qatar

Economic relations of Britain and Qatar could be strengthened as a result of the British departure from the European Union. Brexit and Qatar: The exit of the UK from the European Union, embodied in the referendum last June, will mean more economic and business opportunities for Qatar and the Gulf countries. Taking into...

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Qatar Weighs Value-Added Tax Proposal

Qatar is taking a closer look at the possibility of introducing value-added tax (VAT) along with other GCC states, suggests a key planning document. The idea is to take up the long-term challenge of broadening the revenue base and reduce the non-hydrocarbon deficit (which is the overall surplus excluding hydrocarbon revenues). Backed...

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Qatar 2nd Easiest Country to Pay Tax Globally

Qatar’s “straight forward” tax system has been recognised worldwide with the country securing the position of “2nd easiest country to pay tax globally” in an annual report issued by PricewaterhouseCoopers, World Bank and IFC. The report titled “Paying Taxes 2012” cited the Middle East has “fewer and less complex” tax laws...

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