Oman committed to the introduction of VAT and preparations continue to get the VAT legislation approved and published during 2020

The 2020 budget does not reflect any revenues from the introduction of a value added tax (VAT) in Oman. The tax authority and the Ministry of Finance in Oman, however, remain committed to the introduction of VAT and preparations continue to get the VAT legislation approved and published during 2020 with a formal announcement regarding the effective date of implementation to be made during 2020.

Source: KPMG

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