MUSCAT: Four days after the Oman government imposed sin tax rule on certain products, the Ministry of Finance has decided to reduce taxation on alcohol from 100 per cent to 50 per cent, The Arabian Stories has learnt.
According to an official, from the Ministry of Finance, the government has decided to impose only 50 per cent of tax on alcohol beverages instead of 100 per cent for the first six months.
The decision to reduce the tax was taken after the government found that it may have an adverse impact on the tourism sector. “We have received a report from the General Secretariat of Taxation and we took the decision based on their observations,” said the Ministry of Finance official.
Speaking to The Arabian Stories, a shopkeeper at a beverage shop also confirmed the news. “Yes, this is true. We have received notification from the relevant authorities that there is only 50 per cent tax on alcohol,” he said.
However, the decision to levy 100 per cent tax on tobacco and pork will stay.