VOL.XXXIXNo. 5728-October-1996OMAN

SultanQaboos Signs Tax Amendment LawReports from Oman indicate that the revisedtax law intended to ease foreign investment in theSultanate has been signed by Sultan Qaboos bin Said and that thedetails will be published in the Omani official gazette "before the end ofOctober". No details were available on the level of foreignequity participation that will be allowed before an Omani companybecomes liable for tax. Analysts are in little doubtthat foreign...