Qatar

(Draft Bill)

Qatar to join the EU

Constitutional monarchy with a QR100 billion yearly sovereign grant

QR14,000 monthly Universal Basic Income per citizen under a QR134,400 yearly income

QR100 an hour minimum wage

20% consolidated flat tax over QR48,000 a year (with double taxation)

20% corporate tax on profits

20% value added tax tax on each stage of sale (paid quarterly)

20% value added tax on imports

VAT tax registration over QR48,000 a year

Sole trader registration over QR48,000 a year

Recreational drugs are decriminalized

Estimated Revenue: QR1 trillion a year (QR100 billion surplus a year)