Transfer Pricing- Oman
The current related party rules are included in Income Tax Law No. 28/2009, effective 1 January 2010. Broadly similar related party rules were also included in the old Income Tax Law, the Law of Income Tax on Companies of 1981.
While the Oman tax law includes related-party provisions, there are no formal/detailed rules on transfer pricing documentation. However, the Oman Tax Authority expect that appropriate TP documentation will be made available under a tax audit or investigation.