There are no specific regulations governing transfer pricing in Oman

There are no specific regulations governing transfer pricing in Oman; however, Article 125 of the Income Tax Law addresses tax avoidance between related entities. Tax authorities have the authority to apply anti-avoidance measures as necessary. According to Article 18(5) of the Implementing Regulations of the Income Tax Law (Ministerial Decision 30/2012, as amended), it is mandated that the cost of services offered should be justifiable concerning the actual value of the services provided.