Oman and Ireland Seal Pact to Prevent Double Taxation and Evasion

Oman, 31 May, 2024 :  In a significant development, the Sultanate of Oman and the Republic of Ireland have signed an agreement aimed at preventing double taxation and tax evasion.

The agreement, signed in Muscat, focuses on taxes on income and aims to provide legal protection for investors by avoiding the imposition of double taxes. It also establishes mechanisms for tax application to enhance investments and trade exchange between the two countries.

Chairman of the Tax Authority, Nasser Khamis Al Jashmi, and Ambassador of the Republic of Ireland to Oman, Gerard Cunningham, signed the agreement, solidifying the commitment of both nations to fostering economic cooperation and facilitating cross-border investments.

Source : www.omannews.gov.om