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General Tax Authority signs agreements with banks to facilitate tax payment

Published: 28 Dec 2020 - 09:48 pm | Last Updated: 05 Nov 2021 - 02:34 pm
Peninsula

QNA

Doha - The General Tax Authority and QNB signed Monday a financial services agreement. The authority also signed three Memorandums of Understandings (MoU) with Masraf Al Rayyan, Dukhan Bank, and Al Ahli Bank.

The MoUs were on creating an electronic link between the banks and the authority to encourage the payment of taxes and by using different e-payment methods.

The agreement was signed by assistant head of tax affairs at the authority Ghanem bin Khalifa Al Attiyah, Chief Operating Officer and Executive General Manager at QNB Financial Services Ali Rashid Al Mohannadi, General Manager and Head of Wholesale Banking at Masraf Al Rayan Mohamed Isamil Al Emadi, and CEO of Dukhan Bank Khalid Youssef Al Subaei, and Deputy CEO of Al Ahli Bank Mohamed Al Namla.

Al Attiyah that the plan to link the authority with banks will gain momentum in the future, adding that the goal was to facilitate the process of paying taxes so that it can be done electronically. He added that the banks were selected based on how ready were their infrastructure to implement the process. He called on other banks to complete their infrastructure so that they can offer the same service in the future.