Oman to Exempt Supply, Movement of Goods in Free Zones From VATs
Oman plans to exempt the supply and transport of certain goods and services in its free zones from value-added taxes, the Hong Kong Trade Development Council reported May 7. Although Oman hasn’t yet detailed how it will administer the exemptions,…
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they will follow certain eligibility rules and will be available only for operators licensed or registered to operate in the country’s special zones. The country also said exemptions will not apply to certain restaurants, hotel, food and beverage, entertainment and educational services.