Transfer Price Reporting

In December 2019, Qatar's General Tax Authority (GTA) introduced Executive Regulations (ER) to implement the Income Tax Law No. 24 of 2018, which included provisions on transfer pricing. Effective immediately, these regulations mandate specific transfer pricing (TP) compliance and documentation requirements for entities operating in Qatar.

Under these regulations, Qatar-based entities engaging in related party transactions exceeding specified thresholds must submit a TP declaration along with Income Tax Return. TP Master File and Local File within the specified time. by the tax return filing deadline.

At AKSAA, we specialize in ensuring our clients' compliance with these regulations, meticulously guiding them through the process to ensure accuracy and adherence to the requirements. Trust us to navigate the complexities of transfer pricing regulations, allowing your business to operate confidently within Qatar's tax framework.