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Oman Implementing Domestic Minimum Top-Up Tax

|Approved Changes|Oman
Oman

According to a release published by the Oman News Agency on 31 December 2024, the Oman Tax Authority has confirmed the Royal Decree introducing the Supplementary Tax Law. The law provides for the introduction of a domestic minimum top-up tax to ensure a minimum effective tax rate of 15% on entities in Oman that are members of MNE groups with annual revenue of approximately OMR 300 million (EUR 750 million). The Tax Authority is preparing the necessary executive decisions and regulations for …

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