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KPMG GCC Tax News – 11 January 2023

Kingdom of Saudi Arabia (KSA)

  • Zakat, Tax and Customs Authority (ZATCA) launches public consultation on amendments to Excise Tax
    Executive Regulations
  • ZATCA introduces rules for regulating Duty-Free outlets
  • ZATCA’s issues decision on profit margin scheme

United Arab Emirates (UAE)

  • Dubai Customs (DC) releases decision regarding consignments cleared through courier companies

Oman

  • Impact of the 2023 Oman State budget on businesses in the country

Source: KPMG

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