Wednesday, 18 December 2013

Oman State Council rebuffs expat tax idea - Politics & Economics - ArabianBusiness.com

Oman State Council rebuffs expat tax idea - Politics & Economics - ArabianBusiness.com:

"Oman’s State Council has rebuffed plans for expatriates to pay tax on remittances, with one member saying it would create a bad image of the country, it was reported.
The economic and financial committee of the Shura Council had recommended the imposition of a two per cent tax on remittances by expatriates to ease the burden on state finances.
The proposed tax, if imposed, would hit about 1.5m expats, many of them labourers from south and southeast Asia,the Muscat Daily reported.
However, members of the State Council have said that the time is not right for the tax."

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