Three factors determine how much depreciation you can deduct each year: (1) your basis in the property, (2) the recovery period for the property, and (3) the depreciation method used. You cannot simply deduct your mortgage or principal payments, or the cost of furniture, fixtures, and equipment, as an expense.
The currency abbreviation for the Qatari riyal (QAR), the currency for Qatar, an Arab emirate located along the coast of the Arabian Peninsula. The Qatari riyal is made up of 100 dirham and is often presented with the symbol QR in English.
Until 1966, Qatar used the Indian rupee as currency, in the form of Gulf rupees. When India devalued the rupee in 1966, Qatar, along with the other states using the Gulf rupee, chose to introduce its own currency.rticle (1) states that the Qatari Riyal exchange rate shall be pegged against the US Dollar at (3.64), and sets upper and lower limits of QAR 3.6415 and QAR 3.6385 for the Qatar Central Bank's purchase and sale of dollars with banks operating in Qatar.