On 10 March 2020, the tax authority of Oman announced that all taxpayers whose financial year ended on 31 December 2019, should submit their income tax returns and pay the due tax, if any, on the basis of specified forms as follow:-
- Submission of Provisional Return on or before 31 March 2020
- Submission of Final Returns of Income with the Financial Statements on or before 30 June 2020.
Enterprises falling under Income Tax Law No. 28/2009 and modified under the Royal Decree No.9/2017, in case all the requirements specified in the Income Tax law promulgated by Royal Decree No. 28/2009 and the Executive Regulation are fulfilled shall submit their Final Return of Income on or before 31 March 2020.
Tax authority confirms that as of 15 March 2020 all the tax returns shall be submitted through Tax Authority’s online portal and manual return submissions will not be accepted.
All taxpayers are required to adhere to the date specified above to avoid the penalties and punishments stipulated in Chapter Seven of the Income Tax Law for the failure to submit the return within the stipulated date.
