Resolution of President of General Tax Authority No. 4 of 2020 relating to the Transfer Pricing Declaration and Submission of the Master File and Local File

Number of Articles: 12

Contents

Article 1 - Definitions

Chapter 1: Transfer Pricing Declaration

Article 2 - Declaration Submission Requirements

Article 3 - Threshold Requirements

Article 4 - Declaration Filing Procedures

Article 5 - Declaration Information Requirements

Chapter 2: Master File and Local File

Article 6 - Master and Local File Submission Requirements

Article 7 - Master and Local File Threshold Requirements

Article 8 - Master and Local File Submission Deadline

Article 9 - Master File Information Requirements

Article 10 - Local File Information Requirements

Article 11 - Effective Date

Article 12 - Enforcement

President of General Tax Authority,

Having perused Law No. 24 of 2018 issuing the Income Tax Law;

Emiri Resolution No. 77 of 2018 on the establishment of General Tax Authority; and

Cabinet Resolution No. 39 of 2019 issuing the Executive Regulations of Law No. 24 of 2018 issuing the Income Tax Law,

Hereby resolved as follows:

Article 1 - Definitions

Unless the context otherwise requires, the following terms, wherever mentioned throughout this Resolution, shall have the meanings hereby assigned for them:

The "State"	:	means the State of Qatar.
The "Authority"	:	means the General Tax Authority.
The "Group"	:	means the group of associated enterprises and projects.
The "Associated Enterprises"	:	means Associated Enterprises as stated in Article 52 of the Executive Regulations of the Income Tax Law.
The "Declaration"	:	means the Declaration of Transfer Pricing
The "Master File"	:	means a file submitted by a local project related to another project(s), containing standardized information about the associated projects with regard to their business operations and transfer pricing policies.
The "Local File"	:	means a file that provides detailed Transfer Pricing information on a local entity's transactions with Associated Enterprises.
The "Controlled Transactions"	:	means the transactions between two Associated Enterprises.