Oman has not yet implemented Country-by-Country (CbC) reporting requirements, although draft amendments to the Income Tax Law were recently presented to Oman’s Shura Council for considering CbC reporting requirements.
Oman and India signed an amending protocol their existing tax treaty in Muscat, the announcement was made by Foreign Ministry of Oman on 27 January 2024. The protocol aims to strengthen economic ties and enhance cooperation in the tax sector
Egypt issued Decision No. 320 of 2024 in the Official Gazette, ratifying the income tax treaty with Oman on 16 January 2025. The parliament gave its approval to the final draft of the decree on 7 October 2024. Earlier, the Egyptian Cabinet
The Iraq Council of Ministers has approved the negotiation of an income tax treaty with Oman on 28 January 2025. A tax treaty, also known as a double tax agreement (DTA) or double tax avoidance agreement (DTAA), is an agreement between two
The income tax treaty between Ireland and Oman entered into force on 18 December 2024. The agreement is for the avoidance of double taxation and pertains to taxes on income and the prevention of tax evasion between the governments of the two
The Sultanate of Oman and the Kingdom of Bahrain signed 25 memoranda of understandings (MoUs), which include an income tax treaty, at Al Bustan Palace Hotel on 15 January 2025. The aim of these agreements is to strengthen the economic ties
Oman issued Royal Decree No. 70/2024 in the Official Gazette on 5 January 2025 introducing Domestic Minimum Top-up Tax and Income Inclusion Rule (IIR). Earlier, the Oman Tax Authority confirmed that a Royal Decree issued which implements a