January 29, 2025
Oman
Sultanate of Oman: Digital Tax Stamps postponed
The Oman Tax Authority has just announced changes to the implementation timeframe, milestones and scope for the DTS scheme on excisable drinks.
January 08, 2025
Oman
Oman Budget 2025: Key Highlights
His Majesty Sultan Haitham bin Tarik issued a Royal Decree (“RD”) on 1 January 2025, published in the Official Gazette on 5th January 2025, promulgating the 2025 State Budget (RD 1/2025). In this News Alert, we are setting out the key features of the 2025 State Budget.
January 07, 2025
Oman
Oman implements Pillar Two
The Sultanate of Oman has issued royal decree 70/2024 that introduces a Top-up Tax (the “Law”), which marks a significant milestone in the evolution of Oman’s tax framework. The Top-up Tax takes the form of an Income Inclusion Rule (“IIR”), and will apply to MNEs that are in scope of Pillar Two.