Qatar: Living There - Tax Issues
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Living There
INDIVIDUAL TAXATION
Resident individuals are not subject to tax on their income and capital gains, provided that income and capital gains are not derived from business activities. Business income and capital gains are taxable in Qatar.
INCOME TAX
Income tax is levied on any business activity in Qatar. A ‘business activity’ is defined as any occupation, profession, service, trade or the execution of a contract or any other business for the purpose of making profit.
Normal business expenses are deductible, and losses may be carried forward for up to three years. Income tax is levied at progressive rates.
INCOME TAX |
|
| TAXABLE INCOME QAR (US$) | |
| Up to 100,000 (US$26,663) | |
| 100,001 - 500,000 (US$133,311) | |
| 500,001 – 1,000,000 (US$266,623) | |
| 1,000,001 - 1,500,000 US$399,134) | |
| 1,500,001 - 2,500,000 (US$666,556) | |
| 2,500,001 - 5,000,000 (US$1,333,113) | |
| Over 5,000,000 (US$1,333,113) | |
| Source: Global Property Guide | |
RENTAL INCOME
Leasing property is considered a business activity and rental income is taxed at the standard income tax rates. Income-generating expenses are deductible when computing for the taxable income.
CAPITAL GAINS
Capital gains realized by individuals carrying on a business activity are taxed at the standard income tax rates. Capital gains not related to business activities are not taxable.
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