Browsing Tag

Added

Value Added Tax expected to be imposed by early next year

Ali Mohammed Feb 21, 2017 0

Oman should get a welcome financial shot in the arm from a massive shopping splurge as residents snap up bargains ahead of Value Added Tax kicking in. VAT at 5 per cent is expected to be imposed in…
Read More...

FeaturedOman

VAT could add RO 200-300m to Oman’s tax revenues annually

Ali Mohammed Nov 2, 2016 0

Business leaders from across Oman gathered together at an ACCA event last week to discuss the impending introduction of VAT (Value Added Tax) across the region. VAT will be implemented in Oman and…
Read More...

Uncategorized

Introduction of VAT to increase inflation across the GCC: Survey

Ali Mohammed Jun 7, 2016 0

CFA Society Emirates, the association for financial and investment professionals in the UAE, on Monday unveiled the results of a survey which assessed the impact of introducing value added tax (VAT)…
Read More...

Business

Oman moving towards 5 per cent value added tax

Ali Mohammed Feb 29, 2016 0

Darwish bin Ismail Al Balushi, Minister Responsible for Financial Affairs, was quoted in news reports saying that Gulf Cooperation Council (GCC) countries have agreed to introduce VAT at the rate of…
Read More...