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Oman: Tax relief measures (COVID-19)

Oman: Tax relief measures (COVID-19)

Tax relief measures are included in an economic relief package provided by the government in response to the coronavirus (COVID-19) pandemic.

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In particular, there are corporate tax relief measures such as:

  • Deferral of tax return filing and tax payment of tax by up to three months from the due date
  • Exemption from all penalties related to deferred filing and tax payments
  • Tax deductions for donations or contributions made in response to the COVID-19 pandemic
  • Flexible tax payment mechanisms, extension of time for objecting to tax assessments, and additional time to submit supporting documents and clarifications for ongoing tax proceedings.

Other tax relief measures include exemptions from tourist and municipality tax (applicable at a rate of 4%) for restaurants until 31 August 2020, and from municipality tax (applicable at a rate of 5%) for commercial establishments until 31 August 2020.


Read an April 2020 report prepared by the KPMG member firm in Oman

Read also an April 2020 report prepared by KPMG International

 

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