The Cabinet has approved, on 27 February 2015, the signing “ad referendum” of the Convention between the Kingdom of Spain and the Sultanate of Oman to avoid double taxation and prevention of fiscal evasion with respect to taxes on income and Protocol, referral available to Parliament and ratification.
The treaty was signed on April 30, 2014 aims to dispense an appropriate tax treatment to the circumstances of taxpayers engaged in economic activities in the international arena, providing a framework of legal and fiscal security that fosters economic exchanges between the two countries and facilitate cooperation between the respective authorities prosecutors in the performance of their duties.