India and Oman have implemented the first amending protocol to their 1997 tax treaty, introducing BEPS-aligned measures, reduced withholding tax rates, and updated provisions on residency, non-discrimination, and information exchange.
The amending protocol to the 1997 tax treaty between India and Oman entered into force on 28 May 2025.
Signed on 27 January 2025, this is the first protocol to revise the agreement and introduces multiple substantive changes aligned with OECD BEPS standards.
The amending protocol to the India-Oman Double Taxation Avoidance Agreement (DTAA) introduces several updates to align with international standards and clarify the application of treaty provisions.
The treaty amendments address scope, tax definitions, residency, air transport, transfer pricing, reduced withholding tax rates, non-discrimination, dispute resolution, information exchange, tax collection assistance, and introduce a principal purpose test to prevent treaty abuse.
Earlier, Oman ratified the amending protocol to the India-Oman Income Tax Treaty (1997) on 27 March 2025 through Royal Decree No. 36/2025.
