Transfer Pricing Rules under Income Tax Law in Qatar

Transfer Princing Rules in Qatar under the Income Tax Law is applicable for all the entities associated with other entities. The following are important transfer pricing provisions under the Qatar Income Tax Law.

Definitions:

 

Tranfer Pricing Declaration:

The Transfer Pricing (TP) Declaration is a light version of the master file and the local file that some entities shall file with the General Tax Authority (GTA). The information to be declared are:

• General information about the group of related entitites; and
• Specific information about the reporting entity.

 

Master File & Local File:

Who has to submit a master file and a local file:

Entitites whose annual tax-free turnover or the total assets in the balance sheet is greater or equal to QAR. 50 Million; and they are associated with other entities established abroad.

 

Informations to be provided in the master file:

 

Information to be provided in the Local File:

 

Deadline fro filing Tranfer Pricing Declaration:

On or before the due date for filing income tax return.

The TP delaration is to be done through Dhareeba Portal.

 

Related Provisions & Notifications:

Article 56 of Executive Regulation (ER) of the Income Tax Law (ITL)

Decision No. 4 of 2020 on Transfer Pricing by President of GTA

Decision No. 2 of 2021 on Transfer Pricing by President of GTA