Royal Decree

Royal Decree 118/2020 Amending Some Provisions of the Income Tax Law

2020/118 118/2020


We, Haitham bin Tarik, the Sultan of Oman

after perusal of the Basic Statute of the State,

the Income Tax Law promulgated by Royal Decree 28/2009,

Royal Decree 66/2019 Establishing the Tax Authority,

the System of the Tax Authority and the Adoption of Its Organisational Structure promulgated by Royal Decree 42/2020,

after presentation to Majlis Oman,

and in pursuance of public interest,

have decreed as follows

Article I

The attached amendments to the aforementioned Income Tax Law shall be implemented.

Article II

The phrase “Minister of Finance” wherever it occurs in the aforementioned Royal Decree 28/2009 is hereby replaced with the phrase “Chairman of the Tax Authority.”

Article III

All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.

Article IV

This decree shall be published in the Official Gazette, and comes into force on the day following the date of its publication, with the exception of article 140 of the aforementioned Income Tax Law which comes into force from the tax year starting on 1 January 2020, or the tax years following it.

Issued on: 25 Muharram 1442
Corresponding to: 14 September 2020

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1358 issued on 20 September 2020.

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