Islamic Finance

Oman: VAT to add RO300mn in revenue this year


Published 03 Jan,2021 via Muscat Daily - The implementation of a 5 per cent value-added tax (VAT) in Oman from April 2021 is expected to generate additional revenue of RO300mn for the sultanate this year, according to the budget statement released by the Ministry of Finance.

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tags:

Taxes
VAT
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Muscat Daily