Doing Business in Oman - RSM International

4.10 Due date of tax returns filing and payments
Every tax payer has to file provisional and final income tax returns for a tax year. The
returns have to be filed at Secretariat General of Taxation in prescribed forms. The return
should reflect the amount of taxable income for that year and the tax due and payable for
the year. The tax is due for payment within three months from the end of the relevant
year.
Provisional return of income
This return must be filed within three months of the end of the financial year along with the
payment of tax.
Annual return of income
This return must be filed within six months of the end of the financial year, along with the
payment of balance tax due if any.
4.11 Indirect taxes
Custom duty
Customs duty at a flat rate of 5% is levied on the CIF value of all imported goods, except
for essential consumer goods, which are exempt. Customs duty is levied at a rate of
100% on alcoholic beverages, tobacco and derivative products. On meat and meat
products custom duty is at 20%.
The classification of items for the purpose of determining the custom duty is amended
from time to time by Ministerial decisions.
Other taxes
Municipal tax is levied @ 5% on hotel income, 3% on property rents, 10% on leisure and
cinema income and 2% on electricity bills exceeding RO. 50 per month. Tourism levy of
4% is charged on hotel income.
DOING BUSINESS IN OMAN | 33