Global Forum assists Oman in implementing AEOI to fight tax evasion
24/06/2019 - Following Oman’s is commitment to implement the international standard on automatic exchange of financial account information (AEOI) by 2020 the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) delivered a technical workshop for financial institutions and government agencies in Muscat on 12 June 2019. The workshop led by Mr. Hakim Hamadi and Mr. Sivasankaran Pattanam Singaram, Tax Policy Advisors, was attended by more than 100 participants from government and the financial services sector.
On 13 June, the Global Forum Secretariat met with the Secretary General for Taxation, who emphasized Oman’s commitment to comply with the international tax transparency standards. This meeting was followed by a technical meeting with representatives of the Central Bank of Oman, the Capital Market Authority, the Financial Intelligence Unit and the Secretariat General for taxation to discuss the implementation of primary and secondary legislation as well as Oman’s administrative compliance framework.
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