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Oman Tax Authority announces initiatives to reduce economic impact of COVID-19 for businesses

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Oman

Executive summary

On 8 July 2020, the Oman Tax Authority (Tax Authority) announced initiatives to postpone taxes, suspend fines and penalties and extend tax filing deadlines in response to the adverse economic impact on businesses resulting from the COVID-19 pandemic.

Detailed discussion

The Tax Authority has announced the following measures intended to provide relief to businesses under the Income T…

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