Oman goes live with 5% VAT

Published: April 16, 2021 13:05 Gulf News Web Report

Country becomes fourth in GCC to introduce tax

Oman has become the fourth Gulf state to implement VAT, with a flat 5 per cent being imposed on a range of goods and services from Friday, April 16.

The other economies to have done so are the UAE, Saudi Arabia – which last year raised its VAT rate to 15 per cent from 5 per cent – and Bahrain.

https://gulfnews.com/world/gulf/oman/oman-goes-live-with-5-vat-1.1618564201781