Oman: CbC reporting requirements introduced for multinational enterprises

On 27 September 2020, the Oman tax authorities issued Ministerial Decision No. 79/2020, providing country-by-country (CbC) reporting requirements for multinational enterprise (MNE) groups headquartered or operating in Oman. The rules are effective for financial years commencing on or after 1 January 2020. Oman joined the OECD base erosion and profit…