Qatar Global Transfer Pricing FAQs
Background:
Earlier in December 2019, Qatar’s General Tax Authority (GTA) has issued Executive Regulation to Law No. 24 of 2018 by way of Decision No. 39 of 2019 published on 11th December 2019 introducing substantive changes in Tax and Transfer Pricing Regulation.
Subsequently, GTA has issued additional Transfer Pricing guidance on documentation and compliance requirement by way of President’s Decision No. 4 of 2020.
In furtherance to the above, recently, GTA has released Frequently Asked Question (FAQ) to address the concerns of taxpayer on Transfer Pricing Regulation. FAQ is dividend in two parts i.e. (1) Transfer Pricing declaration form (2) local file and master file documentation.
