How do you think that tax efficiency and competitiveness could be improved?
After having completed the first phase (2011/12 to 2016/17) of Reform Action Plan 2012, the Myanmar tax authorities recently embarked on the second phase (2017/18 to 2021/22). This is set to push forward its reform process, aimed at establishing an effective and fair tax system in order to increase the country’s tax income by enacting new tax...
Prior to 1971 the sharia courts had jurisdiction over all civil and criminal matters, as well as personal status affairs in the sultanate of Oman. However, following the succession of Sultan Qaboos bin Said Al Said, the judicial system was reformed and Sharia Courts now only govern matters related to family disputes and inheritance.
There have only been a few changes to the legal framework and tax in Oman in 2018. Some of the more noteworthy enactments have centred on the introduction of stricter penalties following the introduction of a new penal code and through existing competition and anti-monopoly laws, and consumer protection laws. These changes have placed greater...
Taxation in Oman is the responsibility of the Ministry of Finance (MoF) and the Secretariat General for Taxation. The framework is mainly governed by the following laws:
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