Are you aware of the changes in Oman income tax law?
5 April 2017, 3:00PM - 4:00PM, GST Muscat, Oman
Sweeping changes have been introduced to Oman’s income tax law by Royal Decree 9/2017 issued on 19 February 2017 and published in the Official Gazette on 26 February 2017. Key objectives include enhancing tax revenues. These changes, including withdrawing some exemptions, will significantly impact the cost of doing business in Oman, with foreign taxpayers dealing with Omani businesses facing a considerable increase in their costs. There is also a thrust for greater compliance with stricter penalties being introduced.
Our tax experts will:
Partner and Head of Tax