Qatar: Transfer pricing documentation requirements
The tax authority can request the documentation anytime when auditing and/or assessing a company for corporate tax purposes.
The tax authority can request the documentation anytime when auditing and/or assessing a c
The tax authority of Qatar confirmed that every taxpayer must maintain reasonable transfer pricing documentation locally in Qatar that captures functional and economic analysis and the conclusion of arm’s length pricing, which goes beyond the requirement to file the transfer pricing declaration and also applies to taxpayers otherwise not required to file the Master file and Local file on the Dhareeba portal.
The tax authority can request the documentation anytime when auditing and/or assessing a company for corporate tax purposes. The information and documents required to conduct an audit of a company’s transfer pricing include:
- Information and documents related to the entity's operations and functions
- Information and documents related to the operations, functions, and financial results of its related entities and with which transactions are concluded
- Information about potential comparisons, including internal comparisons of related entities
- Documents relating to the operations and financial results of potentially comparable entities and the transactions that took place between them
- Information and other documents that the entity or related entities have
Read a November 2022 report [PDF 618 KB] prepared by the KPMG member firm in Qatar
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