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June 26, 2026

Minister of Finance's Decision on implementing the Common Reporting Standard (CRS)

2019 Edition

"Issued by Minister of Finance"

Decision No. (17) for 2019 - 10 Articles


Contents

Article 1 - Definitions

Article 2 - Concerned financial institutions and accounts

Article 3 - Due Diligence Procedures

Article 4 - Financial Accounts Reporting

Article 5 - Preventing practices intended to circumvent reporting

Article 6 - Maintaining records and evidences

Article 7 - Penalties

Article 8 - General Provisions

Article 9 - Transitional Provisions

Article 10 - Enforceability

Minister of Finance;

Having considered Law No. (24) of 2018 Promulgating the Income Tax Law, specifically article (34) thereof;

Law No. (13) of 2016 on Personal Data Privacy Protection

Law No.(13) of 2012 on issuing the the Law on Qatar Central Bank and the Regulation of Financial Institutions

Law No. (8) of 2016 on Qatar Financial Markets Authority;

Law No.(4) of 2010 Promulgating the Law of Combating Money Laundering and Terrorism Financing.

Law No. (7) of 2005 on Qatar Financial Center

Decree No. (14) of 2019 rectifying The Convention on Mutual Administrative Assistance in Tax Matters;

The Multilateral Competent Authority Agreement (MCAA) on the automatic exchange of information of Financial Accounts, signed by the competent authority on 10/11/2017;

The Automatic Exchange of Financial Information in Tax Matters issued by Organization for Economic Co-operation and Development on 15 July 2014, and the amendments thereof;

The Following has been decided:

Article 1
Definitions

In applying the provisions of this law, the following words and phrases shall have the meanings assigned thereto, unless the context otherwise requires: