Oman News - Business, Taxation & Offshore

OECD Completes Phase One BEPS Action 14 Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Monday, February 22, 2021

Cayman Islands, Oman Removed From EU Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, January 13, 2021
On October 6, 2020, the EU announced that it has added Anguilla and Barbados to its list of non-cooperative jurisdictions for tax purposes and has removed the Cayman Islands and Oman.Read Full Story

EU Expecting COVID-19 Dent In 2020 VAT Collections
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, September 22, 2020
The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018. Read Full Story

J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime
by Mike Godfrey, Tax-News.com Washington
Friday, July 17, 2020
On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud.Read Full Story

Saudi Arabia To Treble VAT Rate To 15pc In Response To COVID-19
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, May 15, 2020
Saudi Arabia has announced its decision to increase its headline value-added tax rate to 15 percent from five percent, in a surprise break from the Gulf Cooperation Council's harmonized value-added tax framework.Read Full Story

EU Adds Cayman Isles, Panama, Seychelles To Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 20, 2020
The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8. Read Full Story
- 04/02/2020 EU Member States Slow To Implement VAT Quick Fixes »
- 03/02/2020 Many EU States Tardy In Adopting Anti-Tax Avoidance Directives »
- 09/01/2020 France Updates Tax Blacklist »
- 31/12/2019 Netherlands Adds To Tax Blacklist »
- 04/12/2019 Six Countries Sign Up To Multilateral Tax Pacts »
- 21/11/2019 Caribbean Territories To Undergo Dispute Resolution BEPS Peer Review »
- 21/11/2019 OECD Seeks Input On 13 New Dispute Resolution Peer Reviews »
- 01/11/2019 Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat »
- 11/10/2019 EU Updates Tax Blacklist »
- 08/10/2019 Netherlands Begins Consultation On Tax Blacklist »
- 07/08/2019 Oman Says VAT Not On The Backburner »
- 18/07/2019 Romanian Opposition Pushes For 16pc VAT Rate »
- 31/05/2019 Switzerland To Expand AEOI Network »
- 14/03/2019 EU Drops Digital Tax Plans »
- 24/01/2019 EU To Probe Potential Abuses Of Citizenship By Investment Schemes »
- 06/12/2018 Still No Deal On EU Digital Services Tax »
- 09/10/2018 Switzerland Begins Sharing Tax Data Internationally »
- 29/06/2018 France Exits EU's Excessive Deficit Procedure »
- 22/05/2018 EU Challenges Hungarian, Italian, Romanian Tax Provisions »
- 14/03/2018 OECD Releases New Dispute Resolution Peer Reviews »
- 07/03/2018 Oman Adds Tax-Exempt REITs To Offering »
- 27/02/2018 Bahrain Commits To Introducing VAT This Year »
- 08/02/2018 Bermuda Lists CbC Report Exchange Partners »
- 26/01/2018 Six More States Sign The BEPS Multilateral Instrument »
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