WATCH: Tax in Qatar
Qatar recently approved a draft law to introduce a 5% Value Added Tax starting next year.
This 5% VAT on goods and services is expected to raise the country’s GDP by 2%.
This is a significant step in Qatar’s transition away from being an oil dependent economy. Other GCC states are also set to implement their own Value Added Tax policies before the end of 2018.
Qatar’s government is working on a new Income Tax Law as well.
PC: freedomandprosperity.org
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On the side lines we may try to increase our income .......... with smart ideas ....................
Kishore & Zuma, My dear pals, When we enjoys the privilege we must be ready to pay a small amount at least for that ............ It is for the prestige ...............
@Kishoru.
very hard to earn honestly.
@ Molten Metal. Your words imply as if we are staying here for free. We work hard to earn a living here. On top of the unbearable heat and not so welcome attitude of people like you. Introducing income tax will increase the cost of companies.
We can bring in Toll Tax to reduce the ''vehicle unjustified use '' by the expats who do not like to walk for short distances ..........
Good for those who were still not thankful for being here ............. Now get ready to pay for the life style you were enjoying for free ................... ............
I believe that the VAT is being implemented accross the GCC