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New Qatar tax law for corporates not individuals

Tue Nov 17, 2009 8:09am EST

DUBAI, Nov 17 (Reuters) - Qatar's new income tax law would apply to revenues of corporations and not that of individuals, a government official said on Tuesday, clarifying a report on the official news agency.

The official Qatar News Agency said earlier on Tuesday the new income law would take effect as of Jan. 1, without specifying the type of income it would tax.

"This law will apply to companies ... not people," the official, who declined to be identified, told Reuters by telephone. (Reporting by Inal Ersan; Editing by Amran Abocar)



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