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Taxes, Tariffs&comma Fines & Refunds

Submit an Income Tax Return on Monetary Principle Basis for Single Tax Rate

  • Last Updated 22 Nov, 2021
  • Service Type : E-Service
  • Service Mode : Online
  • Service Provider : General Tax Authority
  • Service Classification : G2C, G2B
  • Topic : Business and Finance
Intended Audience
Citizen: Business Owner

Service Description

This service enables the taxpayer whose total income does not exceed one million (1,000,000) QAR during the previous accounting period, to submit an income tax return based on the monetary principle. The income is calculated when it is received or when it is ready to be received and the expenses are calculated when paid.

Online Instructions

  • Login to the National Authentication System (NAS).
  • Select the "Return/ Statement" services and then click on " Filing Obligations".
  • Select the income tax obligation for particular year and then click on “Amend” to open the income tax return form.
  • Click on Start Now after reading the instructions that appear after selecting the income tax return form.
  • Enter the required data on the basic information page then click on “continue”.
  • Fill out the tax return for each of the tax prices shown on the screen as follows: (Net inflows during the year, adjustments, exempt revenues, non-deductible paid expenses, taxable income and tax calculation).
  • Enter tax calculation details and filling in all mandatory fields.
  • Enter the details of the accountant who prepared the financial statements (the accountant can be a person or a legal entity).
  • Entering the auditor's details and his/her tax number (the auditor can be a person or a legal entity), in addition to attaching the financial statements that he/she audited and then click on "continue".
  • Enter the required data for the transfer pricing statement.
  • Acknowledgment of the validity of the information entered.

Additional Information

  • If the taxpayer chooses to submit a zero declaration in the case of (business is being prepared, there is no income tax for the tax period, temporary business closure), all fields will be filled in the declaration details with a zero value.
  • Multiple Rate Tax Return has sections:
    • Revenues
    • Expenses
    • Exempted Revenue
    • Non-Deductible Cost
    • Adjustments
    • Taxable Income
  • Qatari and GCC Residents are exempted from Income Tax, the amount for Qatari and GCC shareholding is calculated and deducted to derive final Net Taxable Income.
  • In the transfer pricing statement, if the taxpayer has any associated facility abroad and the total assets and revenues exceed the limit, the taxpayer will have to submit the main file and the local file, and a new tax liability is created for that.

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