Businesses Must File Transitional Excise Tax Return 1
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BUSINESS | 01 SPORT | 08 QP’s Localization ‘Youthful’ Qatar Program to add QR8bn look to draw first of import substitutes to blood at AFC local economy Asian Cup Wednesday 9 January 2019 | 3 Jumada I 1440 www.thepeninsula.qa Volume 23 | Number 7766 | 2 Riyals Amir to meet EXCISE Businesses must GOODS President of & TATAXX RATERATESS Iraq tomorrow file transitional QNA TAXABLE PERSON DOHA Release for consumption 1EXCISE TAX IS TRIGGERED Amir H H Sheikh Tamim bin Hamad Al Thani will meet at the excise tax return SUPPLY OF EXCISE Amiri Diwan tomorrow with 50%50% TAX RATERATE President of the Republic of Iraq GOODS CARBONATEDCARBONATED DRINKDRINKSS THE PENINSULA With no threshold for Dr. Barham Salih, who will DOHA transitional excise arrive on an official visit to Doha today. H H the Amir and the Iraqi All businesses that import, tax return filing, any President will hold talks on the produce, and store/stockpile business that has bilateral relations between the excise goods will need to account excise goods in their GENERAL TAX RETAIL two brotherly countries, ways AUTHORITY SELLER 100%100% TAXTAX RATERATE for excise tax and file a ‘one-time’ Excise Tax included ENERGY DRINKSDRINKS of promoting them and issues of stocks will need to file Payment of Excise transitional excise tax return on 2 2 in the wholesalewholesal price mutual concern. the goods they held for business transitional excise tax Tax due to the General Tax Authority purposes one-day prior to returns no later than January 1, 2019, said the General January 31, 2019. Amir sends message Tax Authority (GTA), yesterday. FINAL CONSUMER The authority has urged the 100%100% TAXTAX RATERATE to President of businesses that import, produce, pay the tax due on a quarterly Excise Tax included SOURCE: GENERAL TOBACCOTOBACCO PRODUCTSPRODUCTS Venezuela 3 in the retail price and store/stockpile excise goods basis. TAX AUTHORITY to comply with excise tax. The law stipulates that a QNA With no threshold for transi- period of 90 days from the date DOHA tional excise tax return filing, any of entry into force of the law for purposes such as hotels, conven- excise tax due on any excise As part of Qatar’s plans to business that has excise goods in businesses that carry out the ience stores, tobacco shops, etc are goods leaving the tax warehouse. reduce the country’s dependence Amir H H Sheikh Tamim bin their stocks will need to file tran- importation or local production not required to register with the Businesses should ensure ful- on hydrocarbon resources, the Hamad Al Thani has sent a sitional excise tax returns no later of excise goods will be given to GTA for excise tax purposes yet are filment of compliance GTA is implementing excise tax written message to President than January 31, 2019. Businesses them to adjust their conditions still liable to pay a one-time tran- obligations. and taking measures to improve of the Bolivarian Republic of must pay the excise tax no later regarding tax registration. sitional excise tax returns. GTA reserves the power to voluntary tax compliance. Issued Venezuela Nicolas Maduro, than 30 days after filing the tran- For businesses that intend to Businesses may also apply conduct assessments on taxable under Act No. (25) of 2018 and pertaining to bilateral relations sitional excise tax return. conduct activities that require for a tax warehouse licence. A tax persons and may subsequently implemented on January 1, 2019, and ways of enhancing them. In a statement, the authority tax registration after the law has warehouse is a location in which impose penal measures which the excise tax is imposed on The message was handed said that businesses that import come into force, must register an authorised person (warehouse may entail imprisonment for a certain unhealthy goods over by Qatar’s Ambassador or produce excise goods or busi- within 30 days prior to the keeper) is permitted to store or period not exceeding one year including tobacco products, to Venezuela, Rashid bin nesses that wish to operate a tax activity that requires produce excise goods under an and/or a fine not exceeding three alcohol, energy drinks and Mohsen Fetais, when Exec- warehouse must register with registration. excise tax suspension times the tax amount payable as special purpose goods incurring utive Vice-President of Ven- the GTA; keep accounting books Businesses that only hold a arrangement. The warehouse per Act No. (25) of 2018 on excise a 100 percent tax and carbonated ezuela, Dr. Delcy Rodriguez, and records; file tax returns and stock of excise goods for business keeper will be liable for the tax Law Articles 16, and 18. drinks incurring a 50 percent tax. met him yesterday. US envoy for resolving Gulf People with special needs to get enhanced dental care FAZEENA SALEEM will be referred to the specialised full-fledged operation room The clinic is equipped with designed door which is wide crisis resigns THE PENINSULA clinic at the AWH. Also, follow up which receive patients once a state-of-the-art medical enough to allow access to clinics will be run by the PHCC. week for dental care under equipment, which meets global patients with mobility QNA To enhance dental care for “This will help us to see general anaesthesia sees around standards, and is staffed with a impairment. The clinic is also WASHINGTON people with special needs, a more patients,” said Dr Abdul- three cases. medical team comprising one spe- equipped with a special lifting specialised clinic at Hamad hakim Ahmad Al Yafei, Senior “We see both adults and cialised senior consultant and two apparatus, which can lift an As US Secretary of State Mike Medical Corporation (HMC)’s Al Consultant Pediatric and children. A majority of 70 specialists. As well as there are con- object up to 400 kg in weight, Pompeo yesterday started his Wakra Hospital (AWH) will soon Special Needs Dentistry and percent patients who visit us sultants in other specialities of den- thus enabling treatment of visit to Middle East from collaborate with the Primary Head of Dentistry Department have autism. This specially tistry in demand such as perio- patients while they are seated on Jordan, the US State Health Care Corporation (PHCC) at AWH. designed clinic provides a more dontics and endodontics. The clinic their wheelchairs. Department envoy to resolve to expand its existing services. The first of its kind spe- accessible and accommodating provides oral and dental health The operation room is uti- the Gulf crisis, Anthony Zinni, Early detection and initial cialised dental clinic for people service that is intended to be less care such as tooth extraction, filling lized for radiology imaging under has resigned. care for dental problems of with special needs at AWH was stressful for patients with special in addition to some prosthodontics general anaesthesia for those Zinni resigned after real- people with special needs will be opened in October 2015. The needs. It is an alternative to and treatment of caries and patients who experience diffi- ising he could not help resolve provided by the PHCC’s health weekly clinic receives between regular dental clinics,” Dr Al gingivitis. culty when they undergo radi- the Gulf dispute “because of centres and complicated cases Clinic 40 to 60 patients. A Yafei told The Peninsula. The clinic has a specially ology imaging. the unwillingness of the regional leaders to agree to a viable mediation effort that we offered to conduct or assist in implementing,” he Ooredoo marathon to witness FTA to give fillip to fashion told CBS News. Zinni also felt there was no need for his involvement record number of participants industry in the region with the Middle East Strategic Alliance (MESA) concept, a RAYNALD C RIVERA Carla Bruni, Valentino’s cre- security alliance that he was SACHIN KUMAR Yousuf Abdulla Al Kubaisi, St. Regis Doha, Qatar THE PENINSULA ative director Pierpaolo Pic- asked to introduce to regional THE PENINSULA Chief Operating Officer, Museums, Sports Corner, cioli, Vogue Italia’s deputy leaders, since other members Ooredoo said at a press Radio Olive, Radio Suno and The fashion industry in Qatar editor-in-chief Sara Sozzani of the administration are car- Ooredoo Doha Marathon 2019 conference. Burrda Sport. and the entire MENA region Maino, Russian supermodel rying it forward. is set to witness record number “We can’t wait to see all the “We have a record- is set to receive a big boost Natalia Vodianova, InStyle US Anthony Zinni, a retired of participants, as some 4,000 runners at the start line on breaking 4000 participants with the recently launched editor Laura Brown, Marine Corps general and participants are set to take part Friday and we wish them all signed up and ready to take Fashion Trust Arabia (FTA), a renowned Lebanese fashion former head of US Central in this year’s edition. The the very best of luck in their their places at the start line on first-of-its-kind initiative designer Zuhair Murad and Command, had agreed to marathon is set to be held on race,” he added. January 11, for the full mar- which provides funding, Balmain’s creative director work as a special adviser to Friday, with the gathering At the press conference, athon and for all the other race mentorship and international Olivier Rousteing, and the secretary of state on point located at the Museum Ooredoo also announced an categories as well. We’re exposure to most deserving French-Algerian model Middle East issues at the of Islamic Art park. impressive list of prominent delighted to be able to make new talents in the region.