Oman moves ahead with VAT as deficit soars

Issue 1112 - 15 Oct 2020 | 3 minute read

A royal decree from Sultan Haitham Bin Tariq Al-Said on 12 October gave confirmation that Oman is to go ahead with the introduction of a value-added tax (VAT), and gave a belated recognition of the fiscal realities facing Muscat.

Tagged with:

Pin Economy & business

Pin Oman

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options