MUSCAT: His Majesty Sultan Haitham bin Tarik has issued a Royal Decree to implement the Value-Added Tax (VAT) in April 2021.
Also Read: Know about items excluded from Value-Added Tax in Oman
Oman will be the fourth of six Arab Gulf states to introduce VAT as part of a 2016 VAT union agreement. The six states have agreed to implement a 5% tax on goods and services. So far, only Saudi Arabia, UAE and Bahrain have done so.
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His Majesty also issued another Decrees to amend some provisions of the Criminal Procedures Law.
More details to follow
