Oman and Jersey Sign Agreement to Eliminate Double Taxation

Oman and Jersey Sign Agreement to Eliminate Double Taxation

The Governments of the Sultanate of Oman and Jersey signed in Muscat an Agreement for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance between the two governments.

The Agreement aims to provide legal protection for investors against double taxation and regulates tax mechanisms, thereby enhancing mutual investments and trade between the two countries.

The Agreement was signed on behalf of the Government of Sultanate of Oman by His Excellency Nasser bin Khamis Al Jashmi, Chairman of the Tax Authority, and on behalf of Government of Jersey by Senator Ian Gorst , Minister for External Relations  . This step crowns both sides' efforts to strengthen economic and financial cooperation, facilitate mutual investment flows, and open new horizons for commercial partnership between the two countries.