Transfer pricing in Qatar

Transfer pricing in Qatar at a glance

Regulation Type National regulations
Are there specific transfer pricing regulations? Yes
Submission deadline N/A
Submission deadline upon request N/A
Annual update required N/A
Official language requirements N/A
Potential impact of penalties N/A

 

Qatar tax law

Rules for transfer pricing in Qatar are based upon:

  • Qatar Income Tax Law, Law No. 21 of 2009

OECD

In Qatar the Comparable Uncontrolled Pricing method is the only accepted method. This method, however, is not always applicable. If such is the case, a taxpayer could fill an application in order to ask if it may use OECD prescribed methods. Besides this, no OECD reference are made in Qatar.

Methods

Accepted methods

Accepted methods are:

Rules for transfer pricing in Qatar prescribe that only the Comparable Uncontrolled Pricing method can be used.

Documentation requirements

Information that should be included in the documentation:

Rules for transfer pricing in Qatar currently do not prescribe any documentation requirements 

Language 

Not applicable. 

Requirements to prepare documentation annually

 Not applicable.

Submission deadline upon request by tax authorities

Not applicable.

Advance Pricing Agreements

General

There is currently no Advance Pricing Agreements procedure in place.

Terms

Not applicable.

Penalties

Rules for transfer pricing in Qatar currently don’t provide for rules about penalties.

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