Oman's tax authority has issued guidelines on the new Excise Tax on goods seen as harmful to the health of individuals or the environment, which was introduced through a Royal Decree published in March 2019. The Excise Tax will come into effect on 15 June 2019 and applies to the following Excise Goods:
- Tobacco and tobacco derivatives: 100% tax;
- Carbonated drinks: 50% tax;
- Energy drinks: 100% tax; and
- Special purpose goods (including alcohol and pork products): 100% tax.
Importers, manuf…