31 January 2018
Oman has recently announced that it will delay the introduction of Value Added Tax (VAT) in the country until at least 2019.
Oman is part of the six-country Gulf Cooperation Council (“GCC”) and all of these countries had agreed to implement a harmonised VAT regime of 5% by 2018. The GCC countries consist of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman.
LATEST NEWS
Belgium to cut e-book VAT rate from 1 January 2022
From 1 January 2022, the Belgium tax authorities have confirmed that the VAT rate on the sale of e-books, e-manuals, e-newspapers, and e-magazines sold online...
SEE MORE
LATEST NEWS
Ukraine to apply VAT on digital services from January...
From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses. At present, non-resident...
SEE MORE
LATEST NEWS
Does a UK e-commerce business need an IOSS...
From 1 July 2021, the EU’s new e-commerce VAT reforms will be introduced allowing sellers to no longer pay import VAT at clearance on low-value consignments...
SEE MORE