vat in oman Archives - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

Oman is rated at junk levels by three of the leading rating firms.

Oman Budget 2021

Oman expected to add $779m in revenue from VAT this year

Written by Bloomberg

Sun 3 Jan 2021Wed 6 Oct 2021

Sultanate’s 2021 budget forecasts a 14% drop in spending and a 19% decline in revenue

Latest in vat in oman

Oman has said it is to introduce the new tax in accordance with its GCC agreement.

economic reforms

No plans to delay introduction of VAT in Oman, says finance ministry

Written by Neil Halligan

Thu 1 Aug 2019Wed 6 Oct 2021

Ministry of Finance said various financial measures, including spending control, have had a positive impact