OBG analysis of Qatar's tax and regulatory reforms
PwC Qatar has signed an MoU with Oxford Business Group (OBG) for the publishing firm’s forthcoming report on the country
OBG to analyse Qatar's wide-ranging tax, regulatory reforms
PwC Qatar has signed a memorandum of understanding (MoU) with Oxford Business Group (OBG) for the publishing firm’s forthcoming report on the country.
Under the MoU, the professional services firm will team up with OBG to compile and produce the Tax Chapter of ‘The Report: Qatar 2017’.
In a bid to diversify from its oil dependency, Qatar plans to implement major legislative and regulatory reforms.
As part of its bid to expand the economy and counter the effect of low global oil prices, the country is planning to implement regulatory and legislative reforms, which will be analysed in a report by the global publishing firm OBG.
Gulf Times reported that ‘The Report: Qatar 2017’ will offer in-depth reporting of the country’s planned law on public-private partnerships (PPPs), which are seen to boost investment and increase the private sector’s role in the national economy.
The impact of Value Added Tax (VAT) on both businesses and public resources will be highlight as the country plans the implementation of the system in 2018.
The private sector is growing at a faster rate than the public sector, so OBG’s report will underscore areas of the economy proving to be suitable for growth.
The report will also explore investment opportunities that the 2022 FIFA World Cup and the Qatar National Vision 2030’s long term development plan are affording.
Wadih AbouNasr, Qatar’s Country senior partner at PwC Middle East, said that he looks forward to collaborating again with OBG and recording the major reforms intended for the country.