Tax on property income in Qatar

Taxation Researcher | December 01, 2017

INDIVIDUAL TAXATION

Nonresident individuals, other than Qatari and GCC nationals, are taxed only on their business income in Qatar.

INCOME TAX

Income tax is levied on any foreign business entity, whether a legal entity or a natural person, carrying out a 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.

Income tax is levied at a flat rate of 10%.Taxable income is calculated as gross income less income-generating expenses.


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
Realized capital gains not related to business activities are not liable to tax.

Capital gains realized by individuals carrying on a business activity are taxed at the standard income tax rates.

PROPERTY TAX

There are no property taxes in Qatar.

CORPORATE TAXATION

INCOME TAX

Corporate income tax is levied at a flat rate of 10%. The new income tax law, which came into effect in January 2010, was established to encourage foreign investment.

 

Comments

GURDEEP S.ARRI | July 22, 2010

I want to know about the percentage of service Tax in State of Qatar

Mayank | March 17, 2017

Service tax of 10% and government levy of 5% on restaurant and hotel bills.

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