Oman's Tax Authority launches a new service on the E-portal - Regulating the governance of Tax exemptions

Royal Decree No. 80/2023 ("RD 80/2023") (In Arabic only) was issued by His Majesty Haitham bin Tariq to govern tax exemptions and specify who is responsible for awarding which exemptions. Announcing the launch of a new service on the e-portal is another move made by the Oman Tax Authority (OTA).

The Head of the Tax Authority has delegated oversight of tax exemptions to the Minister of Finance in all cases that are outlined in laws and royal decrees, including:

·         The Financial Law issued by Royal Decree No. 98/47

·         Income Tax Law issued by Royal Decree No. 28/2009

·         The Excise Tax Law issued by Royal Decree No. 23/2019

·         Value Added Tax Law issued by Royal Decree No. 121/2020

·         Tax Authority System and Approval of its Regulatory Structure issued by Royal Decree No. 42/2020

It is essential to feature that the obligation regarding matters relating to customs obligations exception actually lies with the Illustrious Oman Police, as customs obligations were not at first under the domain of the Expense Authority. Due to the previously mentioned changes, there is an assumption for significant amendments to Oman's regulation and guidelines.

This change will definitively characterize the appointment of assessment authority, enabling the Service device under the Priest to take care of planning the models deciding when exceptions might be considered suitable.