VATupdate

OTA published new amendments on VAT Executive Regulation (Arabic)

Oman Tax Authority “OTA” published new amendments on VAT Executive Regulation.

Some main updates from new amendments:

  • Clarifications on place of services provided regarding telecom services;
  • Tax invoice;
  • Financial Services exempted from VAT;
  • Invoice issuance cases for taxable person;
  • Simplified Tax Invoice;
  • Tax refund; and
  • Electronic Tax Invoice.

Source: LinkedIn

Sponsors:

VAT news

Advertisements: