Qatar GTA extends deadline for filing tax returns to May 31

GTA extends deadline for submitting tax
Representational Image
By Shilpa Annie Joseph, Official Reporter
  • Follow author on

Qatar’s General Tax Authority (GTA) has extended the deadline for submitting the tax return for 2022 for all entities subject to the income tax law for one additional month to end on May 31, 2023.

GTA said in a statement that “excluded from this extension are companies operating in the field of petroleum operations and petrochemical industries, in addition to taxpayers who have accounting periods different from the tax year defined in Article (1) of the Income Tax Law promulgated by Law (24) of the year 2018 and its amendments.”

Further, General Tax Authority stated that it has always sought to enhance the principle of tax compliance among taxpayers, stressing the importance of the commitment of all companies in the country to submitting tax returns on time. This results in the avoidance of being exposed to financial penalties.

GTA explained that companies benefit greatly from the tax system due to the consequent enhancement of their efficiency and governance.

The Authority also stressed the necessity of submitting tax returns through the online tax portal to enable various entities to fulfill their tax obligations with ease and add any inquiries and suggestions.

GTA’s strategic plan continuously implements and gradually adds services to fully become electronic, in line with Qatar National Vision 2030, which aims to fully digitize administrative services, as per the reports.

Related: DIFC officially launched its venture building program ‘DIFC Launchpad’

YOU MAY LIKE