Tax
From The Report: Oman 2016
View in Online Reader

This chapter contains an overview of the tax framework within which local and international investors operate in Oman, including an examination of the FTAs in place and how they are enabling more foreign investments, and a rundown of the proposed changes to the VAT laws currently under examination. This chapter contains an interview with Kenneth Macfarlane, Country Senior Partner, PwC.

Articles from this Chapter

Interview

Weighing the advantages: OBG talks to Kenneth Macfarlane, Country Senior Partner, PwC
OBG
plus

Interview:Kenneth Macfarlane In your opinion, what is the feasibility of introducing new taxes to the sultanate in order to strengthen the country’s fiscal position? How will this affect the region? KENNETH MACFARLANE: Indirect taxes could be a significant source of revenue for Oman. The issue has been on the table for some time and we understand that the government is ready to implement a value-added tax (VAT). We understand that for ease of implementation and to prevent cross border…