Sobre Tax Services in Oman
All Omani government agencies must also obtain a copy the taxpayer's tax card before they deal with him. Failure to follow these regulations can result in OMR 5,000 in fines. Oman's tax system is based on justice and development. The application of tax laws is clear. Only law can amend public taxis. Taxes are due to all. Restaurants are also required to pay 4% of the revenue to the Ministry of Finance starting January 2020. A 10% withholding tax is applied to income tax, dividends and royalties as well as professional fees. These tax payments must be made within 14 days. Foreign companies can receive tax credit if they pay Oman service fees and interest. No matter if you have a tax treaty in place with the source country, you should inquire if your company is eligible for a tax credit for foreign tax paid on your behalf. This will help ensure that your Omani company isn't paying more tax than it needs to. You should also check whether there are restrictions on how much interest you can deduct in Oman from your income. Oman is very similar to other Gulf States, where there is little tax. Only residents with the right visa can work in Oman. Therefore, tax residency is not a problem.
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Datos Tax Services in Oman
Fundacion
July/1995
Estado
Startup
Equipo Tax Services in Oman 1
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