Oman: Tax treaties to avoid double taxation signed with Luxembourg and Estonia

Aim to eliminate double taxation on income and prevent tax evasion

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November 4, 2024

Officials from Oman in October 2024 signed two tax treaties for the avoidance of double taxation: one with Luxembourg and another with Estonia.

These agreements aim to eliminate double taxation on income and prevent tax evasion. The treaties will become effective once ratified, and the official texts are not yet published.

The agreements would impact the taxability of payments related to inbound and outbound investments, such as services, royalties, and management fees, between Oman and the two countries.

Read a November 2024 report prepared by the KPMG member firm in Oman

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