Oman: 100% tax on alcohol to come into effect today

Merge 104.8  |  01 July 2020

Tax on alcohol products and beverages in the Sultanate will rise from 50 per cent to 100 per cent as of today [Wednesday, July 1].

Oman’s Tax Authority had issued a circular to alcohol distributors in the country on June 10, 2020 advising of the tax increase after a decision was made made in 2019 to implement a 50 per cent tax on alcoholic drinks for a duration of six months only.

Taxable distributors in the Sultanate are required under the Selective Tax Law to disclose the inventory in their possession no later than July 15, 2020.

(Also read: Oman: Lockdown in Dhofar extended, private sector relief package in place until September.)