Global forum on transparency and exchange of information for tax purposes peer reviews: Quatar 2013: phase 2: implementation of the standard in practice: November 2013 (reflecting the legal and regulatory framework as at May 2013)

This report contains a ""Phase 2: Implementation of the Standard in Practice"" review for Qatar, as well as a revised version of the ""Phase 1: Legal and Regulatory Framework review"" already released for this jurisdiction. The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by 120 jurisdictions, which participate in the Global Forum on an equal footing. The Global Forum is charged with in-depth monitoring and peer review of the implementation of. Read more... Table of Contents About the Global Forum Executive Summary Introduction Information and methodology used for the peer review of Qatar Overview of Qatar Recent developments Compliance with the Standards A. Availability of Information Overview A.1. Ownership and identity information A.2. Accounting records A.3. Banking information B. Access to Information Overview B.1. Competent Authority's ability to obtain and provide information B.2. Notification requirements and rights and safeguards C. Exchanging Information Overview C.1. Exchange-of-information mechanisms. C.2. Exchange-of-information mechanisms with all relevant partnersC. 3. Confidentiality C.4. Rights and safeguards of taxpayers and third parties C.5. Timeliness of responses to requests for information Summary of Determinations and Factors Underlying Recommendations Annex 1: Jurisdiction's Response to the Review Report Annex 2: List of All Exchange-Of-Information Mechanisms Annex 3: List of all Laws, Regulations and Other Material Received Annex 4: People Interviewed During Onsite Visit. This report summarises the legal and regulatory framework for transparency and exchange of information in Qatar. It is reflecting the legal and regulatory framework as at May 2013