Oman VAT implementation in 2021: The ultimate culmination of years of planning
On April 16, 2021, Oman launched a new VAT system. As a result, Oman became the fourth member of the Gulf Cooperation Council to implement VAT. On April 16, 2021, Oman will introduce its latest VAT system. After a June 2016 agreement among Gulf Cooperation Council (GCC) member states and the signing of…