Qatar's new Income Tax Law (Law 24 of 2018) was published in the Official Gazette on 17 January 2019, replacing the previous Law 21 of 2009. The main features of the new law are summarized as follows:
- The standard corporate income tax rate is kept at 10%;
- The corporate Income tax rate applicable to income carried out in connection with agreements relating to petrochemical industries is the rate provided for under such agreement but may not be less than 35%;
- A 5% withholding tax rate applies…