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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Finance, Market Moves more

QFC tax law to promote Qatar as a finance hub

Posted on 12 October 2010

From Gulf-times.com: Ernst & Young has termed the new tax regime in the Qatar Financial Centre (QFC) as progressive and well-drafted and said it will serve to further promote the country as a location for financial services companies in the Middle East.
“Its enactment bring certainty for multinational financial services companies operating in the QFC regarding the tax position of their activities and given the low corporate income tax rate of 10%, will serve to further promote Qatar as a location for financial services companies in the Middle East,” E&Y senior tax partner Finbarr Sexton said……………………………………….Full Article: Source

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