Oman Decision No. 79/2020 On Country-by-Country Reporting Rules

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Based on the Income Tax Law, promulgated by Oman Sultani Decree No. 28/2009;

Oman Sultani Decree No. 34/2020 ratifying the Convention on Mutual Administrative Assistance in Tax Matters;

And based on the public interest requirements,

The following was decided:

Article 1

The country-by-country reporting rules shall be subject to the enclosed provisions.

Article 2

This Decision shall be published in the Official Gazette and shall enter into force with effect from the Reported Fiscal Year starting on the first of January 2020 or the subsequent Fiscal Years.

Issued on:28/01/1442 H.

Corresponding to: 17/09/2020

Saud bin Nasser Al Shukaili

Chairman of the Taxation Authority

This Decision was published in the Official Gazette of the Sultanate of Oman no. 1359 dated 27/09/2020, p. 12.