Oman tax, fee revenue hits RO 2.1bn in 2025 Business

Oman tax, fee revenue hits RO 2.1bn in 2025

Muscat: When Oman introduced VAT in 2021, the question was whether it would stick. Four years on, the answer is in the numbers. Value-added tax generated RO 631 million in 2025, exceeding the budget estimate of RO 580 million and placing it within touching distance of corporate income tax — the government’s single largest non-oil […]