Oman ratifies tax treaty with Luxembourg
The Sultan of Oman issued a royal decree 64/2024 ratifying the income and capital tax treaty with Luxembourg on 18 December 2024. Earlier, Luxembourg and Oman have signed an income tax treaty on 17 October 2024. HE Sheikh Dr Abdullah bin Salem
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Oman, Tanzania sign tax treaty
Oman and Tanzania have signed a tax treaty in Muscat on 15 December 2024. The agreement was signed by HE Nasser bin Khamis Al Jashmi, Chairman of Oman’s Tax Authority, and HE Dr. Mwigulu Lameck Nchemba, Tanzania’s Minister of Finance and
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Oman ratifies income tax treaty with Estonia
The Sultan of Oman issued a Royal Decree No 62/2024 for the ratification of the income tax treaty with Estonia on 10 December 2024. Earlier, Oman and Estonia signed the income tax treaty in Muscat on 27 October 2024. The agreement was signed
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Cyprus, Oman signs income tax treaty
Oman’s government has announced on 8 December 2024 that it signed an income tax treaty with Cyprus. The agreement was signed on behalf of the Government of Oman by Nasser Khamis Al Jashmi, Chairman of the Tax Authority, while it was signed on
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Oman ratifies tax treaty with Ireland
The Sultan of Oman issued a Royal Decree No. 60/2024 ratifying the income tax treaty with Ireland on 19 November 2024. The decree awaits its publication in the Official Gazette of Oman. Earlier, officials from Ireland and Oman signed an income
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Ukraine and Oman discuss bilateral relations and income tax treaty
Ukraine's Ministry of Foreign Affairs has reported that officials from Oman and Ukraine met on 23 October 2024 to discuss bilateral relations, including finalising an income tax treaty. During his visit to the Sultanate of Oman, Minister of
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Oman, Estonia sign tax treaty
Oman and Estonia signed an income tax treaty in Muscat on 27 October 2024. The agreement was signed on behalf of the Government of the Sultanate of Oman by HE Nasser bin Khamis Al Jashmi, Chairman of the Tax Authority, and on behalf of the
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Luxembourg, Oman sign first income tax treaty
Luxembourg and Oman have signed an income tax treaty on 17 October 2024. HE Sheikh Dr Abdullah bin Salem al Harthy, Oman's Ambassador to Luxembourg, signed the agreement on behalf of Oman, and HE Gilles Worth, Luxembourg's Minister of Finance,
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Egypt: House of Representatives approve income tax treaty with Oman
The Egyptian House of Representatives approved the ratification of the income tax treaty with Oman on 7 October 2024. Both countries apply the credit method for the elimination of double taxation. The agreement specifies that dividends,
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Ireland ratifies income tax treaty with Oman
Ireland has officially released the Double Taxation Relief (Taxes on Income) (Sultanate of Oman) Order 2024, paving the way for the ratification of an income tax treaty with Oman. Previously covered, Officials from Ireland and Oman signed an
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Oman, Philippines negotiate income tax treaty
The Philippine News Agency reported that negotiations are currently in progress for an income tax treaty between Oman and the Philippines, on 13 September 2024. The Omani government hopes to see increased mutual trade and investment promotions,
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Oman introduces incentives to develop capital market
Oman's Financial Services Authority (FSA) has launched the Capital Market Incentive Programme (CMIP), on 11 August 2024, aimed at enhancing the investment and business environment in the Sultanate. The initiative is part of a broader strategy to
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Indonesia, GCC announce launch of FTA negotiations
Indonesia’s Minister of Trade, Zulkifli Hasan, and Secretary General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, launched the Indonesia-GCC Free Trade Agreement (I-GCC FTA) negotiations on 31 July, 2024. The event was marked
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Oman postpones mandatory B2B e-invoicing system to 2025
Oman's Tax Authorities announced the postponement of the mandatory B2B e-invoicing system to an unspecified date in 2025, citing technical challenges. Initially, the system was set to be introduced on a voluntary basis in April 2024, with
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Egypt approves tax treaty with Oman
The Egyptian Cabinet approved the ratification of the income tax treaty with Oman on 9 July 2024. Signed on 22 May 2023, the treaty specifies that dividends, royalties, and fees for technical services are liable to a maximum withholding tax rate
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Oman introduces draft personal income tax law, proposes taxing high-income earners
The Shura Council of Oman presented a draft income tax law to the State Council on 27 June, 2024. The initial draft of the income tax law, introduced in 2022, proposes a tax on high-income earners in the Sultanate. The government has been
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Kazakhstan approves tax treaty with Oman
In a move set to boost international economic relations, Kazakh Prime Minister Oljas Bektenov signed Decree No. 404, empowering Finance Minister Madi Takiev to finalise an income and capital tax treaty with Oman. Earlier, Kazakhstan's government
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Oman Tax Authority extends CRS report deadline
The Oman Tax Authority has declared that the deadline for submitting reports under the Common Reporting Standard (CRS) for the fiscal year 2023 has been extended to 30 June, 2024. Earlier, the Tax Authority Chairman's Decision No. 78/2020,
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