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This report aims to provide banking industry leaders with succinct analysis to help compare banking sector financial results across the GCC, and provide forward-looking views and insights.
Listen to our experts explain the key themes from our latest KPMG 2016 Food and Beverage report.
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Businesses need to be aware of, and prepared for, the tax risks associated with operating in a dynamic and complex taxation environment. Developments in international, regional and local tax arenas are driving corporates to revisit their tax strategies.
Sweeping changes have been introduced to Oman’s income tax law by Royal Decree 9/2017 issued on 19 February 2017 and published in the Official Gazette on 26 February 2017. Key objectives include enhancing tax revenues. These changes, including withdrawing some exemptions, will significantly impact the cost of doing business in Oman, with foreign taxpayers dealing with Omani businesses facing a considerable increase in their costs. There is also a thrust for greater compliance with stricter penalties being introduced.
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KPMG Business Academy combines the learning and development solutions KPMG brings to businesses and professionals in the region.
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