On 7 October 2024, the Egyptian House of Representatives approved the ratification of the pending income tax treaty with Oman, which was signed on 22 May 2023. An earlier treaty was signed in 2000 but never entered into force. The new tax treaty will enter into force once the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force. Taxes Covered The treaty covers Egyptian tax on income of individuals, tax on profits of legal entities, and tax withheld at source, and covers Omani income tax. Residence If a person other than...