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Oman plans to introduce 5% VAT from April 2021
Cash-strapped Oman is planning to introduce a 5 per cent value-added tax in April, following the lead of Gulf neighbors. Essential food items, medical care, education and financial services will be exempt from the planned levy, according to a royal decree detailing the tax. Oman, the biggest oil exporter outside…
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Click here to read the full story: Gulf News