Oman to Introduce VAT in 2021
Oman’s Ministry of Commerce and Industry will introduce a value-added tax in 2021, according to a Jan. 29 post from KPMG. Companies operating in Oman should prepare now for the VAT implementation based on the existing VAT legislation in the…
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Gulf Cooperation Council (GCC) and the GCC Common VAT Framework Agreement, KPMG said.