OrbitaxOrbitax

Oman Council of State Examines Law Initiatives to Comply with AEOI, CbC Reporting

|Proposed Changes|Oman
Oman

According to press reports, the Oman Council of State has examined in its session of 18 August 2020 a bill for the amendment of the tax code. The main elements of the bill consist of the introduction of a Country-by-Country reporting obligation in line with the BEPS Action 13 minimum standard, and domestic law procedures allowing for the automatic exchange of tax information in line with the OE…