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Oman News

Oman and Tanzania ink deal to eliminate double taxation

Oman and the United Republic of Tanzania signed an agreement in Muscat aimed at eliminating double taxation and preventing tax evasion.

TAS News Service

info@thearabianstories.com

Sunday, December 15, 2024

MUSCAT : The agreement was formalized by His Excellency Nasser bin Khamis Al Jashmi, Chairman of Oman’s Tax Authority, and His Excellency Dr. Mwigulu Lameck Nchimba, Tanzania’s Minister of Finance and Planning.

This pact is designed to create a more attractive investment environment, protect investors from the burdens of double taxation, and enhance transparency in financial dealings between Oman and Tanzania.

This agreement is expected to contribute to enhancing economic and trade cooperation between Oman and Tanzania, and open new horizons for joint investment.


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