QU, GTA hold conference on tax transformation and economic growth

The Fifth International Conference on Fiscal Policies and Economic Development took place in Qatar, organized by Qatar University (QU) and the General Tax Authority (GTA). The conference focused on the theme "Tax Transformation: Its Impact on Taxpayers and Tax Authorities."

QU President Dr. Omar Al Ansari stressed the conference's role in fostering dialogue on economic and financial issues and strengthening collaboration among various institutions. He highlighted that this year's theme is particularly relevant due to rapid economic and technological transformations affecting financial and tax policies.

Dr. Al Ansari noted that tax transformation offers opportunities to modernize systems, improve service efficiency, and leverage emerging technologies. However, it also requires adaptation to a changing economic environment. He emphasized the need for a balanced approach considering the needs of government, taxpayers, and businesses, promoting transparency and trust while fostering a stable environment for growth and investment.

President of the GTA, HE Khalifa Al Kuwari, highlighted the importance of bringing together policymakers, researchers, and experts to exchange perspectives on the future of tax systems. He stressed that combining knowledge with research and practice helps deepen understanding of challenges and strengthen policy development to address economic needs.

Al Kuwari emphasized that tax policy plays a central role in fiscal policy, crucial for generating resources to fund public services and influencing investment, business growth, and economic competitiveness. He also highlighted Qatar National Vision 2030, which provides a framework for aligning fiscal and tax policies with economic diversification and sustainable development goals.

Collaboration with QU and research institutions was crucial in advancing these objectives and addressing the national economy's priorities and needs.