Qatar: Taxes and Costs
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Last Updated: Aug 01, 2006
Income tax ranges from moderate to high in Qatar
Income Tax
Income tax is levied on any foreign business entity, whether a legal entity or a natural person, carrying out an activity in Qatar. An ‘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. Rents from property come under this category. 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$) | TAX RATE |
| Up to 100,000 (US$27,450) | nil |
| Up to 100,000 (US$27,450) | 10% |
| 500,001 – 1,000,000 (US$274,503) | 15% |
| 1,000,001 - 1,500,000 US$411,754) | 20% |
| 1,500,001 - 2,500,000 (US$686,257) | 25% |
| 2,500,001 - 5,000,000 (US$1,372,514) | 30% |
| Over 5,000,000 (US$1,372,514+) | 35% |
| Source: Global Property Guide | |
Capital Gains Tax
Capital gains earned from selling real estate properties are not subject to tax.
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