Tuesday, 02 January 2024 12:17 GMT

Qatar Attends Meeting Of Global Forum On Transparency And Exchange Of Information For Tax Purposes


(MENAFN- The Peninsula) The Peninsula

Doha, Qatar: The State of Qatar participated with an official delegation headed by the President of the General Tax Authority, Khalifa bin Jassim Al-Jaham Al-Kuwari, in the 18th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes. The meeting was held in New Delhi, Republic of India, with the participation of representatives from more than 170 countries and international organizations.

During the meeting, the Qatari delegation reaffirmed Qatar's commitment to developing its legislative and regulatory framework to enhance tax compliance, particularly in the areas of Exchange of Information on Request (EOIR) and Automatic Exchange of Financial Information (AEOI). This is in addition to advancing the digital transformation of tax systems and developing tools for compliance and oversight.

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The delegation also participated in several discussion sessions and side events that addressed global progress in combating tax evasion, the role of transparency in improving tax collection efficiency, and increasing domestic revenues. Additionally, the events highlighted countries' experiences in implementing international standards and developing national capacities.

Qatar's participation in this international event further underscores its active role in global forums on tax governance, its continuous efforts to promote the principles of tax transparency, and its commitment to developing information exchange mechanisms in line with international standards.

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The Peninsula

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