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

Oman suspends dividend tax for three years as of May 6 -market authority
Image Credit: Pixabay
  • Country:
  • Oman

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.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.