The Doha Chapter of the Institute of Chartered Accountants of India (ICAI), the first professional membership body to be registered with Qatar Financial Centre, has organised a knowledge sharing session on “International Taxation and Transfer Pricing Regulations in Qatar”.
The virtual event saw nearly 100 participants comprising chapter members and many across the globe.
Justice Dr Vineet Kothari, former acting chief justice of Madras High Court and Gujarat High Court, was the chief guest of the event and he was introduced by Nirlep Bhatt, DCICAI chairperson.
Bhatt highlighted the activities of the chapter and how 400-plus members, are playing pivotal role in contributing to the ever vibrant and progressive Qatari economy and especially stated about a remarkable membership growth the chapter has achieved.
The first speaker was Nandkishore Hegde – central council member and vice-chairman of the Committee on International Taxation.
He explained about the ever-evolving landscape of the International Taxation and its historical developments as well as General Anti-Avoidance Rules (GAAR) with legislations and principles of International Taxation, with special emphasis on the Double Taxation Avoidance Agreements and various treaties, including concept of Base Erosion & Profit Sharing (BEPS).
Rakesh Alshi, partner with Deloitte Haskins and Sells discussed basics about the topic with relevant illustrations.
Elaborating transfer pricing compliance requirements in Qatar, he analysed the provisions of tax laws in the country vis-à-vis other middle east countries, including Disclosure form, local file, master file and country-by-country reporting.
The Doha Chapter of ICAI is established in the year 1981 and is the oldest among the 44 overseas chapters of the ICAI.
The current membership of the chapter is about 400, who hold key positions in private and public sector entities in Qatar and are actively involved in support and development of accounting profession in Qatar.
The chapter is actively involved in enhancing and updating the professional knowledge of its members, local professionals and non-members.
 
 
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