The General Tax Authority (GTA) has extended the deadline for submitting tax returns for fiscal 2020 for companies and establishments owned by Qatari citizens and GCC citizens, which are exempt from income tax for a period of four months, from August 31 to December 31, 2021.

The authority said, in a statement yesterday, that it had always sought to enhance the principle of tax compliance with taxpayers, stressing the importance of the commitment of small- and medium-sized companies and projects owned by Qatari citizens and residents of GCC countries, to submit tax returns to avoid financial penalties.

The GTA expressed that companies exclusively benefit from the tax system which enhance their efficiency and governance, noting that the step to extend the deadline comes in response to the requests received by taxpayers to adjust the conditions of their companies.

The authority works closely with its partners from the competent government entities to monitor the economic situation in the country in light of the current challenges, and it is committed to providing guarantees available to taxpayers and investors in a way that contributes to proactively support the national economy without burdening taxpayers.