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rustyrockets
Joined: 06 Sep 2015 Posts: 78 Location: Thinking about it...
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travelbug66
Joined: 27 May 2015 Posts: 26
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Posted: Wed Dec 02, 2015 11:50 am Post subject: |
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Having read the article, I don't think there is anything to worry about too soon. The Omani Government is already considering raising the tax on companies profits from 12 to 15 percent, and even that is raising a lot of debate. Currently companies with income less than 300,000 riyals are exempt from paying taxes. Before they even think of personal income tax, they will start with taxing companies. |
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1st Sgt Welsh
Joined: 13 Dec 2010 Posts: 946 Location: Bandar Seri Begawan, Brunei
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Posted: Wed Dec 02, 2015 11:56 am Post subject: |
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I'm only on my second year here and this is the second time for me that this has come up. Apparently, it's been discussed off and on for years and not much has ever come of it. However, with oil prices the way they are.... |
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