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The impact of VAT on the Real Estate and Construction Sector

The impact of VAT on the Real Estate and Construction

The impact of VAT on the Real Estate and Construction Sector in Qatar.

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What does VAT mean for the Real Estate and Construction sectors in Qatar?

It is anticipated that Qatar will announce Value Added Tax (VAT) law and its Executive Regulations during 2020.

All businesses in Qatar will be affected by the introduction of VAT and for the Real Estate and Construction sectors, there are a variety of factors to consider, which will affect different parts of the business.

In this flyer, we have identified a number of considerations that businesses across the sector will have to make, drawing on our knowledge of VAT treatment around the world. When the VAT law is released in Qatar, it is important that Real Estate and Construction businesses assess it carefully to ensure they are fully compliant and manage their tax in the most efficient way possible.
 

© 2020 KPMG LLC, a limited liability company registered with Qatar Financial Centre Authority (QFCA), State of Qatar and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.


© 2020 KPMG Qatar Branch is registered with the Ministry of Commerce and Industry, State of Qatar and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance

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