According to press reports, the Oman Council of State has examined in its session of 18 August 2020 a bill for the amendment of the tax code. The main elements of the bill consist of the introduction of a Country-by-Country reporting obligation in line with the BEPS Action 13 minimum standard, and domestic law procedures allowing for the automatic exchange of tax information in line with the OECD’s AEOI and CRS standards. More detailed information will be reported when available.
Oman has de…