Middle East > Oman > Taxation

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Average time to clear customs > days	3.44 days		[11th of 39]
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Net taxes on products > current LCU	12000000
DEFINITION: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.		View time series
SOURCE: World Development Indicators database
Net taxes on products > current US$	34,742,330 $		[104th of 159]
DEFINITION: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.		View time series
SOURCE: World Development Indicators database
Tax rates > % of managers surveyed ranking this as a major business constraint	20.47 %		[15th of 39]
DEFINITION: Tax rates as a major constraint measure the share of senior managers who ranked tax rates as a major or very severe constraint.		View time series
SOURCE: World Development Indicators database
Taxes on goods and services > % value added of industry and services	0.35 %		[84th of 89]
DEFINITION: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.		View time series
SOURCE: World Development Indicators database
Taxes on income, profits and capital gains > % of revenue	21.09 %		[42nd of 98]
DEFINITION: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.		View time series
SOURCE: World Development Indicators database
Taxes on income, profits and capital gains > % of total taxes	77.15 %		[3rd of 98]
DEFINITION: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.		View time series
SOURCE: World Development Indicators database

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