Tax Conference 2026 Highlights the Latest Developments and Changes in the Tax System

The third edition of the "Tax Conference 2026" reviewed the latest developments and rapid changes in local and international tax systems, amid wide participation from international experts, government representatives, the tax and financial sectors, as well as legal and accounting experts.

The conference witnessed the launch of the 'Rafid' electronic tax system alongside the issuance of the first electronic tax invoice. This milestone marks a significant step toward developing the tax system in the Sultanate of Oman, enhancing tax compliance, raising transparency in commercial transactions, and improving the efficiency of tax procedures. This is alongside supporting digital transformation and fostering a more efficient and reliable business environment.

The conference highlighted several key themes, most notably: updates on the application of the Top-up Tax Law on Constituent Entities of Multinational Groups, alongside the challenges associated with international taxation. Discussions also centered on digital transformation and modern technologies, including the deployment of artificial intelligence to facilitate tax procedures and support compliance. Furthermore, the event emphasized enhancing partnership and awareness by building a close, effective relationship between the Tax Authority, business sectors, and tax agents to ensure a thorough understanding of tax requirements.