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 countries designed to prevent or reduce double taxation.
The treaty would be the first of its kind between the two nations and must go through the processes of final approval, signing, and ratification before it can be implemented.
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