Press Releases

1. The Government of Japan and the Government of the State of Qatar have agreed on the substance on the Agreement between the Government of Japan and the Government of the State of Qatar for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income.

2. This Agreement aims to clarify the taxation on cross-border investment and economic activities between the two countries and to relieve international double taxation, and is expected to promote further mutual investment and economic exchange. Moreover, the draft Agreement provides for the effective exchange of information regarding tax matters between the tax authorities in accordance with the international standards and is expected to contribute to the prevention of international tax evasion and tax avoidance.

3. This Agreement will be signed after the necessary internal procedures have been completed by each of the two Governments. Thereafter, this Agreement will enter into force after the completion of the approval process on both sides (in the case of Japan, approval by the Diet will be necessary).