Qatar: Transfer pricing declarations required via tax administration portal (Dhareeba)

Qatar: Transfer pricing declarations required

Taxpayers filing their income tax returns via the tax authority’s new online tax portal (“Dhareeba”) must also file a declaration of related-party transactions—a transfer pricing declaration—along with their income tax returns.

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The tax authority has informally confirmed that transfer pricing declarations will be required to be filed in instances when a taxpayer has “total value of assets” or has “total revenue” exceeding threshold amounts (to be determined by the tax authority, but expected to be QR 10 million (approximately U.S. $2.74 million)).

The transfer pricing declaration must include certain transactional information about the related-party transactions, and must state which Organisation for Economic Co-operation and Development (OECD) method was used by the taxpayer to determine whether the transactions satisfy an arm’s length requirement. 

KPMG observation

The Dhareeba system is currently equipped to accept transfer pricing declarations. Accordingly, action steps that taxpayers need to consider are first to determine whether there are any related-party transactions, and if so, then whether these transactions are at an arm’s length price (if not, the taxpayer would need to make a transfer pricing adjustment in its tax return).

Read a February 2021 report [PDF 87 KB] prepared by the KPMG member firm in Qatar

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