The new electronic tax administration system highlighted in the 5th Deloitte tax seminar in Qatar
17 December 2014 - In recent years the tax landscape in Qatar has witnessed many developments, and its latest, the introduction of an electronic tax administration system, was among the topics explored by Deloitte in its 5th annual tax seminar held earlier this December at La Cigale Hotel in Doha.
The Deloitte seminar was attended by more than 170 leaders in the fields of finance and accountancy including chief financial officers and finance directors from a range of large companies in Qatar. In addition to covering the introduction of the new electronic tax administration system, the Deloitte seminar also explored practical issues faced by tax payers in Qatar, recent updates to the tax regime in the Qatar Financial Center, and international tax highlights.
The seminar was facilitated by Muhammad Bahemia and Rami Qudah, partners at Deloitte Qatar’s tax practice, and Alex Law, International Tax Partner at Deloitte Middle East. It also featured a panel discussion hosting guest speakers Sheikh Salman Bin Hassan Al Thani, chief financial officer and head of tax at Qatar Financial Center, and Salah bin Mohammad Guyedi, senior tax consultant, who both shared their insight on the impact of recent international tax reforms on Qatar and the region.
“The tax landscape is changing drastically across the globe and companies who are looking to do business across borders need to be aware of what is coming ahead,” said Muhammad Bahemia. “Deloitte’s 5th tax seminar in Qatar continued our aim of sharing expertise and insight to keep businesses abreast of the latest developments and their impact.”
Rami Qudah, while referring to the local tax regime in Qatar, praised the efforts of the Public Revenue and Tax Department for the introduction of the new electronic tax administration system. He went on to highlight that “the introduction of the new tax administration system is in line with Qatar’s vision 2030 and will serve as a platform to enhance the relationship between the regulators and the tax payers”.
Details about the Deloitte seminar, its content and consultations on the subject matters can be made by contacting the Deloitte’s tax practice in Qatar or by visiting here.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.
Deloitte's professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They enjoy an environment of continuous learning, challenging experiences, and enriching career opportunities. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities.
About Deloitte & Touche (M.E.):
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with uninterrupted presence since 1926.
Deloitte is among the region’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with around 3,000 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has received numerous awards in the last few years which include Best Employer in the Middle East, best consulting firm, and the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).