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t. e. The Ministry of Finance (MOF) is the governmental body in the Sultanate of Oman responsible for all government financial matters. The current Finance Minister is Sultan bin Salem bin Saeed al-Habsi. [2]
Among some of its most noteworthy projects are also the electronic financial management platform GIFMIS for the federal government of Nigeria, e-tax system for Botswana Unified Revenue Service (BURS) and Invest Easy, major government e-services portal for the Sultanate of Oman.
Petroleum is responsible for 64% of all export revenue, 45% of government income, and 50% of GDP. Given that it accounts for half of the Sultanate of Oman's GDP, the petroleum products industry is one of the most significant in the Omani economy. Oman's economy heavily relies on cement, a vital component of the construction industry.
International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country's tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation ...
Money portal. v. t. e. This article lists countries alphabetically, with total tax revenue as a percentage of gross domestic product ( GDP) for the listed countries. The tax percentage for each country listed in the source has been added to the chart.
Oman, [b] officially the Sultanate of Oman, [c] is a country in West Asia. It is located on the southeastern coast of the Arabian Peninsula, and overlooks the mouth of the Persian Gulf. It shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen, while sharing maritime borders with Iran and Pakistan.
Map of the world showing national-level sales tax / VAT rates as of October 2019. Additional local taxes may apply. [citation needed]A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
v. t. e. The Ministry of Commerce, Industry & Investment Promotion is the governmental body in the Sultanate of Oman responsible for regulating commerce and industries. [1] [2]
The Capital Market Authority (Arabic: هيئة السوق المالية) is the Oman governments financial regulatory authority responsible for capital markets in Oman. The CMA is responsible for regulating the financial service industry of Oman. The CMA was established on January 9, 1999.
Oman ( / oʊˈmɑːn / ⓘ oh-MAHN; Arabic: عُمَان, [ʕʊˈmaːn] ), officially the Sultanate of Oman ( Arabic: سلْطنةُ عُمان Salṭanat (u) ʻUmān ), is a country located in West Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of the Persian Gulf. It shares land borders with Saudi ...