Tax treaty between Oman and South Africa: Amendments submitted to South African Parliament

The government of Oman and South Africa concluded, on 15 November 2011, a protocol amending the Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income. The protocol was submitted on 21 June 2013 to the South African Parliament for approval. Oman approved the amendments on 8 April 2013.

The new measures will be effective from 1 January of the year following the year during which they enter into force. The main amendments cover provisions relating to dividends.

Dividends

Dividends paid by a company which is a resident of a contracting state to a resident of the other contracting state may be taxed in that other contracting state.