Oman to Launch VAT Refund Scheme for Tourists to Boost Travel and Spending

• Oman plans to introduce a VAT refund system for tourists to boost its appeal and visitor spending.
• The government is finalizing agreements with service providers on costs and refund percentages.
• The announcement was made during a media briefing reviewing the tax system’s performance and future plans.
• Oman’s Tax Authority met its 2025 revenue targets, with revenues estimated at OMR 1.373 billion.
• The VAT refund scheme aims to align Oman with international tourism best practices.

Source: timesofoman.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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