Tax Forum discusses development in tax system

Muscat: The second edition of the Tax Forum 2025, organized by the Tax Authority in Muscat today, discussed ways to introduce comprehensive developments in the tax system, in transfer pricing and in the implementation of value-added tax (VAT) in the Sultanate of Oman.

The forum saw the presentation of working papers on the most significant structural updates within the Tax Authority. The updates included the consolidation of operational efficiency and improvements to electronic services aimed to facilitate taxpayers' compliance. The presentation also showcased new strategic initiatives launched by the Authority and aspects of enhancing cooperation with international tax organizations and sharing expertise and best practices in the field.

Specialized experts gave detailed accounts of outstanding tax developments at the regional level and the potential impacts of such developments.