The Sultanate of Oman Rated High on Tax Transparency

The Sultanate of Oman has been rated 'Largely Compliant' with international standards in the area of tax transparency and exchange of information. This positive rating reflects the significant progress Oman has made in enhancing the transparency of its tax system.

The Sultanate of Oman has got this rating after a comprehensive review for its compliance with the requirements of tax transparency and exchange of information upon request, and according to the standards set by the Global Forum on Transparency and Exchange of Information under the Organization for Economic Co-operation and Development (OECD).

The assessment process included an on-site visit to the Sultanate of Oman conducted by a team of international assessors in September 2024. During this visit, the team met with specialists from the Tax Authority and other relevant government entities involved in Oman's preliminary assessment in the area of transparency. A report on Oman's status was prepared to be presented to a team composed of 30 member countries of the Forum—out of a total of 172 member countries—known as the 'Peer Review and Monitoring Group. A meeting was held in the Romanian capital, Bucharest on 10-13 June 2025 to discuss the Sultanate of Oman's report and to respond to questions and comments from other countries. The 'Peer Review and Monitoring Group' subsequently submitted its final recommendation to the Forum member countries for the report to be adopted within one month, in accordance with their established procedures.

The final approval of this high rating reflects the Sultanate of Oman’s continued commitment to root the principles of transparency and good governance, thereby boosting international confidence in its tax system. Moreover, this commitment contributes to combating tax evasion and supports joint international efforts in the financial and tax fields.

The Tax Authority will continue to adopt international best practices and globally agreed standards to enhance transparency and investment competitiveness, as the unification of international tax practices reduces compliance costs for investors.