The income tax treaty between Egypt and Qatar has entered into force and applies from 1 January 2025.
Both countries utilise the credit method to eliminate double taxation. The treaty applies to Egypt’s individual income tax, corporate income tax, withholding tax at source, and additional surtaxes. It also covers Qatar’s income tax and corporate tax.
The agreement was signed during a meeting between HE Khalid bin Khalifa bin Abdulaziz Al Thani, Prime Minister and Minister of Interior, and HE Dr. Mustafa Kamal Madbouly, Chairman of the Council of Ministers of Egypt on 27 February 2023,
The treaty was approved by the Qatar Cabinet on 10 January 2024. It became effective 15 days after the exchange of ratification instruments.
The agreement is a first between the two nations.