These developments may affect the settlement of capital gains tax in respect of the sale of shares  by a non-resident shareholder in a private company, which in resident in Qatar.  

The sale of shares in a limited liability company giving rise to a capital gain was clarified in Qatar in 2011 when the Minister of Finance introduced the Executive Regulations of the Income Tax Law No.10 (the Executive Regulations). Article 7 of the Executive Regulations provides that:

In determining gross income, all revenues arising from transactions carried out by a taxpayer, including the disposal of assets and sporadic transactions, shall be taken into account unless subject to an exemption.