The Qatari Minister of Finance was reported as saying that Qatar is considering the reduction of its corporate tax rate to 10% instead of the 12% flat rate announced in a previous statement. The 10% flat rate would replace the current progressive rates ranging from 0% to 35%. The Minister was also reported to have said that a similar plan is being discussed within the Gulf Cooperation Council (GCC member States are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates). However, the Minister was also reported to have said that no decision concerning the plan should be...