Oman's tax authority has issued guidelines on the new Excise Tax on goods seen as harmful to the health of individuals or the environment, which was introduced through a Royal Decree published in March 2019. The Excise Tax will come into effect on 15 June 2019 and applies to the following Excise Goods:

• Tobacco and tobacco derivatives: 100% tax;
• Carbonated drinks: 50% tax;
• Energy drinks: 100%…