Introducing 5% VAT in Oman11-11-2020
Oman published Royal Decree No. 121/2020, which promulgates the Value Added Tax Law concerning the imposition of 5% VAT within six months.
Most goods and services will be taxed, with specific exceptions in the laws and regulations. Furthermore, imports of goods into Oman will also be taxed, with specific exceptions in the laws and regulations.
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