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February 3, 2020
Qatar deposits MLI ratification instrument
On 23 December 2019, Qatar deposited the following with the Organisation for Economic Cooperation and Development (OECD):
The MLI will enter into force for Qatar on 1 April 2020. If another country has also ratified the MLI and has identified its treaty with Qatar as a CTA, the MLI will modify the effect of that treaty.
Nonresident businesses operating in Qatar should consider the effect of the MLI on any tax treaty that applies to their investment.
For additional information with respect to this Alert, please contact the following:
EY Consulting LLC, Doha
Ernst & Young LLP (United States), Middle East Tax Desk, New York