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25 September 2018

Qatar introduces Country-by-Country Reporting requirements

Qatar published new Country-by-Country Reporting (CbCR) requirements on September 9, in the Official Gazette. An entity that is tax resident under Qatar's State tax system will have a CbCR filing or notification requirement in Qatar if it is a member of a multinational group that had at least QAR3 billion (approximately US$824 million) consolidated group revenue in the preceding fiscal year. It is expected that similar requirements will be established for entities tax resident in the Qatar Financial Centre (QFC).

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2018-1889

 

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