Law No. 22 of 2024 amends Qatar's Income Tax Law (Law No. 24 of 2018), introducing a comprehensive Global and Domestic Minimum Tax framework under Chapter Seven bis. Key provisions include the implementation of the Income Inclusion Rule (IIR) and a 15% Qualified Domestic Minimum Top-up Tax (QDMTT) for Multinational Enterprise (MNE) Groups, aligned with OECD GloBE Model Rules. The law mandates strict adherence to international transparency and BEPS obligations, updates Article 24 with enhanced financial penalties for record-keeping failures, and establishes a transitional relief period for penalties through 2026 for groups demonstrating good-faith compliance measures.