author_ey
EY

Share This Article

Oman tax card system to apply from 1 July 2020

11 June 2020

|

Tax Alerts, Legislation & Policy, National/Federal Taxation

|

Oman

The Oman Tax Authority, in Decision No. 27/2020 issued on 18 May 2020, has announced that the tax card system established under the Income Tax Law shall apply from 1 July 2020. The tax card system provides a tax identification number to be used on certain communications and documentation.The Tax Authority may impose a fine of between RO200 and RO5,000 on taxpayers who fail to obtain a tax card. Taxpayers should promptly obtain a tax card once the process on the Tax Authority’s online portal is opened.OverviewOne of the amendments to the Income Tax Law introduced by Royal Decree 9/2017 was the requirement...