Oman: Budget for 2023
The budget does not include tax proposals.
The budget does not include tax proposals.
The general budget has been presented for fiscal year 2023.
The budget does not include tax proposals, but reflects anticipated tax revenue collections. For instance, the 2023 budget estimates excise tax and value added tax (VAT) revenues will increase by 10% in 2023 and that corporate income tax revenues will increase by 20%.
Read a January 2023 report prepared by the KPMG member firm in Oman
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