5 Major Developments in Oman

5 Major Developments in Oman

• Detailed guide (59 pages) from Oman Tax Authority on Input Tax

• 0% VAT on Electric Vehicles and Spare Parts in Oman

• Oman Provides Tax Exemptions for Electric and Hydrogen-Powered Vehicles

• Sultanate of Oman VAT Taxpayer Guide for Input Tax

• Differing VAT Rates Complicate Intra-GCC Trade

---

Customs

• Oman Provides Tax Exemptions for Electric and Hydrogen-Powered Vehicles

Deduction (Input Tax Credit)

• Sultanate of Oman VAT Taxpayer Guide for Input Tax

• Detailed guide (59 pages) from Oman Tax Authority on Input Tax

E-invoicing

• KPMG Fakhro GCC Tax News – 31 May 2023

• KPMG Fakhro GCC Tax News – 17 May 2023

Exemption

• Oman Provides Tax Exemptions for Electric and Hydrogen-Powered Vehicles

• Oman Exempts EVs from VAT

• No VAT, customs or registration fee on electric vehicles

Implementation / Reform

• KPMG Fakhro GCC Tax News – 31 May 2023

Importation

• 0% VAT on Electric Vehicles and Spare Parts in Oman

Rate

• Differing VAT Rates Complicate Intra-GCC Trade

• DLA PIPER GCC Tax Roundup – 21 June 2023

• 0% VAT on Electric Vehicles and Spare Parts in Oman
• KPMG Fakhro GCC Tax News – 31 May 2023

• No VAT, customs or registration fee on electric vehicles

• OTA: Applied VAT on the Supply of Electric Vehicles and their Spare Parts by Zero Rate

• Forum Discusses VAT Impact on Oman’s real estate sector

• DLA PIPER GCC Tax Roundup – 21 June 2023

Real Estate/Immovable Property

• Forum Discusses VAT Impact on Oman’s real estate sector

Refund

• DLA PIPER GCC Tax Roundup – 21 June 2023

Reporting / Compliance

• DLA PIPER GCC Tax Roundup – 21 June 2023

• Tax Authority shows the latest Electronic Services

• KPMG Fakhro GCC Tax News – 17 May 2023

Tax Authorities / Penalties

• Tax Authority participated in the meeting (68) for the committee of Financial Ministries’ Agents