GTA Announces Extending Tax Return Submission until 31 December 2021

Industry

General Tax Authority (GTA) has announced the extension of the period for submitting the tax return for the fiscal year 2020 for companies and establishments owned by Qatari citizens and citizens of the Gulf Cooperation Council countries (GCC), which are exempt from income tax for a period of four months. GTA noted that the new deadline for submission will be 31 December 2021 instead of 31 August 2021.

The Authority said, in its statement, that it has sought to enhance the principle of tax compliance with taxpayers, stressing the importance of the commitment of small and medium-sized companies and projects owned by Qatari citizens and GCC residents in the State, to submit tax returns to avoid financial penalties.

 

Source: Government of Qatar