Discussion on the updates in the tax system in Qatar
As indicated before, Qatar is getting ready to implement a Value Added Tax (VAT) and companies in the country need to be ready for it.
Qatar’s annual tax update was the topic of a recent webinar hosted by experts and specialists. The event explored VAT and other indirect taxes, electronic invoicing, digital tax enablers, corporate income tax, and transfer pricing updates.
Also, it highlighted the accessibility of the relevant authorities to many tax technology tools including sophisticated data analytics and data mining systems which are increasingly effective in monitoring, evaluating, and assessing compliance.
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