Oman is hoping the introduction of VAT will boost it’s revenue after the drops in oil prices and the effects of the Covid Pandemic. Oman is trying to climb back from a 2.8% economic decline this year and GDP fall of 16.9% according to the International Monetary fund.
Sources:
Latest Posts in "Oman"
- Oman E-Invoicing Rollout: Key Dates, Fawtara Portal Launch, and Implementation Phases
- Oman Tax Authority Launches Fawtara Platform for Nationwide E-Invoicing Rollout Starting August 2026
- The Oman Tax Authority launches the Fawtara accreditation portal
- Oman Tax Authority Announces Second Phase of E-Invoicing Registration for Early 2027
- Oman Announces Second Phase of E-Invoicing for Selected Taxpayers Starting Q1 2027
