This feature enables you to generate an annual declaration of taxable income in accordance with local legal requirements. In Qatar, corporate income tax is not levied against companies that are wholly owned by Qatari citizens or corporations. However, corporate income tax is levied against foreign companies engaged in commercial activities in the country, either through direct ownership or as shareholders or partners of Qatari companies. The tax is levied according to the extent of foreign ownership. This report generates a taxable income statement in accordance with these requirements.