QFC 0005/2023, [2023] QIC (RT) 4
Infinity Solutions LLC v Qatar Financial Centre Authority
This case involved a claim for eligibility of a QFC company to the concessionary rate of tax. A key issue was whether there were sufficient beneficial owners of the company who were Qatari nationals and whether those nationals had to be actual individuals
Background
On 18 April 2023, Infinity Solutions LLC filed an appeal against the decision adopted by the Qatar Financial Centre Authority dated 27 February 2023 on the amount of tax owed by the Appellant. The Respondent filed a Response on 5 June 2023 which was followed the Appellant’s Reply on 21 June 2023. The submissions continued with a Rejoinder filed by the Respondent on 7 August 2023, followed by a further exchange of written submissions filed by the Appellant and the Respondent on 24 September 2023. At the request of parties, emails dated 25 September 2023 from both the Appellant and the Respondent were also transmitted to the Regulatory Tribunal. The parties asked the tribunal to deal with this appeal on the papers and this was agreed. .