The Qatar Financial Center (QFC) has launched a webpage for updates on COVID-19, including a public notice on a change in the rate of late payment charge. This includes that the rate under the QFC Tax Regulations is set at 0% from 1 March 2020 until 31 August 2020. From 1 September 2020, the rate will revert to 5% until further notice.
The public notice also includes that rate of compensation for repayment of overpaid tax is also set at 0% from 1 March 2020 until 31 August 2020. From 1 Sep…