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Oman suspends dividend tax for three years as of May 6 -market authority


Reuters Oman
Updated: 16-05-2019 00:34 IST
Oman suspends dividend tax for three years as of May 6 -market authority

Image Credit: Pixabay

Oman's capital market authority (CMA) said on Wednesday it had suspended a 10% tax on dividends for three years as of May 6 to boost foreign investments.

The three years could be extended, CMA said on its Twitter account, quoting managing director Sheikh Abdullah bin Salem al-Salmi.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : Oman

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