Oman has published the Ministerial Decisions from the Tax Authority for the implementation of the VAT regime introduced by Royal Decree No. 121/2020, which was published on 18 October 2020 and enters into force on 16 April 2021. The Decisions, which are effective from 11 January 2021, are summarized as follows: Decision 1/2021 sets the VAT registration thresholds as follows: Annual supplies of OMR 38,500 for mandatory registration; and Annual supplies of OMR 19,250 for voluntary (optional) registration. Decision 2/2021 specifies the foodstuffs eligible for VAT zero-rating, which covers a total of 94 customs tariff items, including: Fish, poultry, and...