In Muscat, Oman, tax laws encompass regulations for corporate and individual taxation, including Value Added Tax (VAT), which was introduced in 2021. Corporate entities are subject to income tax, while individuals typically enjoy a tax-free income environment. VAT applies at a standard rate of 5% on most goods and services. Oman's tax laws emphasize compliance, requiring accurate repo... https://muscatauditing.com/taxation-advisory/