Alert - Suspension of Local Filing

In reference to the recent announcement on suspension of local filing submissions in the context of CbCR requirements applicable vide Tax Authority Chairman Decision No. 79/2020,

Oman Tax Authority wishes to clarify that the suspension on local filing applies only to those CbCR reports whereby MNE Group with UPE resident outside of Oman who meet the conditions in Article 3 may otherwise be required to file the report locally pursuant to Article 3.

The suspension does not apply to the requirement set out under Article 2 of the aforementioned Decision, applicable to MNE Group with UPE resident in Oman.

Furthermore, the suspension is applicable only to the local filing requirements (i.e. the filing of CbCR Reports) as mentioned above. The requirement of submitting CbCR Notifications shall continue to apply in accordance with the provisions of Article 5 of the aforementioned Decision.