Qatar National Bank Posts $381 Million Global Minimum Tax Charge

Qatar National Bank disclosed a sizable global minimum tax charge in the first year that its headquartered country adopted the initiative.

QNB reported taxes related to Pillar Two worth 1.39 billion Qatari Riyals ($381 million) in 2025, the vast majority of which was taxed in Qatar, according to the bank’s annual report published Tuesday.

Pillar Two is the name given to the Organization for Economic Cooperation and Development’s framework that seeks to tax high-revenue multinationals at a minimum of 15% everywhere they operate.

Qatar levies a flat 10% corporate income ...