From today, July 1, the Oman Tax Authority will apply a 100 percent selective tax on alcoholic beverages, which was 50 percent when it was implemented in June last year.
Oman last year had introduced a 100 percent excise tax imposed on alcohol and alcohol products, energy drinks, carbonated drinks, pork and pork products, and tobacco and tobacco products. However, the tax authority temporarily reduced the rate of excise tax on alcohol and alcohol products to 50 percent until June 30, 2020.
© 2021 Apex Press and Publishing. All Rights Reserved.