Requirement of Transfer Pricing Declaration with Tax Return in Qatar

Taxpayers in Qatar will be required to submit a transfer pricing declaration using the new tax administration portal (Dhareeba). The Dhareeba system is currently equipped to accept transfer pricing declarations.  This is only applicable for taxpayers having a specified revenue or asset value exceeding a threshold limit which is expected to be set at QAR 10 million. Moreover the transfer pricing declaration must report certain transactional information about the related-party transactions, and must state which Organisation for Economic Co-operation and Development (OECD) method was used by the taxpayer to determine whether the transactions satisfy an arm’s length requirement.