Oman - The Secretariat General for Taxation (SGT) of Oman announced that the government will implement a new selective tax on tobacco, pork meat, energy drinks and soft drinks starting from 15 June.

The government will increase the selective tax, which includes tobacco and its derivatives, pork and meat products, alcoholic beverages, and energy drinks by 100%, while the imposed tax on soft drinks will be 50%, according to SGT's recent statement.

SGT noted that all those who manufacture, import, and sell these goods in Oman will be required to pay this tax. They will also need to send a declaration stating that they do deal with pork and meat products, alcohol, tobacco, soft drinks and/or energy drinks a day before the tax comes into force.

“The registration is subject to selective taxes on importers and producers of selective goods, and all those who put these goods for consumption, and anyone who owns them in possession of it, and authorised by the Secretariat General for Taxation to establish a tax warehouse,” SGT said.

Source: Mubasher

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