8 March 2019
Qatar is now expected to be the fourth Arab Gulf state to introduce VAT at 5% from January 2020, this follows Saudi Arabia, the United Arab Emirates and Bahrain.
Qatar is part of the UAE Gulf Cooperation Council (“GCC”) consisting of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. All of these countries had originally agreed to implement a harmonised VAT regime by 2018, however, only the UAE and Saudi Arabia managed to implement a VAT system by this deadline, with Bahrain following in 2019.
LATEST NEWS
Emergency VAT measures to combat the financial impact...
Due to the negative financial impact that the Coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...
SEE MORE
LATEST NEWS
Philippines to apply VAT on e-services from January...
From 1 January 2021, the Philippines are proposing to introduce VAT on the supplies of electronic services by non-resident companies in the...
SEE MORE
LATEST NEWS
UPDATE: Indonesia proposes to introduce VAT on...
The Indonesian tax authorities have postponed the introduction of VAT at 10% on all e-commerce goods and service transactions made by non-resident companies to...
SEE MORE