19/06/2020
50%TAX ON SWEETENED DRINKS IN OMAN...
Starting from October 1, 2020, Oman will introduce a 50% tax on sweetened drinks, the country’s tax authority informed on Thursday.
The decision comes following a cabinet approval from the Council of Ministers.
Ready to drink beverages containing added sugar or sweeteners or any form of sugar will attract 50% sugar excise tax beginning this October, said Sultan Al Habsi, chairman of Tax Authority.
Canned juices, fruit drinks, sports drinks, caffeine drinks and tea would fall under the new tax.
100% natural fruit juices, milk and its derivatives containing a ratio of not less than 75% of milk and laban are excluded from the new sugar tax. Nutritional supplements, drinks for dietary and medical use are also excluded from the tax.
Oman earlier had levied a 100% tax on alcohol, to***co and energy drinks last year.
Sources:
https://www.facebook.com/107337250610383/posts/277585893585517/ https://twitter.com/oman1_news/status/1273615612561014786