Oman to introduce 5% VAT | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

SourceThe Daily Tribune - News of Bahrain
SectorEconomy
CountryOman

Dubai The Sultan of Oman, Haitham bin Tariq Al-Said, issued a decree on Monday to start imposing a five percent value-added tax (VAT) within six months. Oman News Agency said that a law was also issued to amend some provisions of the Criminal Procedures Law and that the VAT law will be imposed on most goods and services, with some exceptions. The government said it will have a limited ...read more...