MUSCAT : Key topics included advancements in transfer pricing, the implementation of Value-Added Tax (VAT), and the ongoing transformation of the tax landscape in the Sultanate.

His Excellency Nasser bin Khamis Al Jashmi, Chairman of the Tax Authority, opened the forum, emphasising its importance for fostering collaboration among tax specialists. He highlighted that the forum provides a platform for experts to exchange opinions and proposals, contributing to the continued development of the tax system in Oman.

Idris bin Hamoud Al Rashidi, Director of the Electronic Invoicing Project at the Tax Authority, addressed one of the key topics of the forum – electronic invoicing. He explained that the Authority is working towards a complete transformation in the invoicing process, which will improve transparency, tax compliance, and contribute to Oman’s broader digital transformation efforts.

Abdulrahman bin Abdulhamid Al Sayegh, Head of the Corporate Excellence Department at the Tax Authority, stressed the importance of building trust with taxpayers. He noted that strengthening these relationships has significantly improved the Authority’s transparency and efficiency in managing the tax system.

The forum also featured presentations on the Tax Authority’s structural changes, aimed at enhancing operational efficiency, as well as the continuous improvement of electronic services to ease taxpayer compliance. New strategic initiatives were introduced, focusing on enhancing collaboration with international tax organisations and sharing best practices.

Specialised experts also provided insights into regional tax developments, examining their potential impacts on Oman’s tax framework and economy.

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