Oman
A. Progress in the implementation of the minimum standard
Oman has 36 tax agreements in force, as reported in its response to the Peer Review questionnaire. Twelve of those agreements comply with the minimum standard.
Oman signed the MLI in 2019 and deposited its instrument of ratification on the 7 July 2020. The MLI entered into force for Oman on 1 November 2020. The agreements that will be modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect.
Oman has not listed its agreement with India under the MLI but indicated that steps have been taken (other than under the MLI) to implement the minimum standard in that agreement. India has listed its agreement with Oman under the MLI.
Oman is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
B. Conclusion
No jurisdiction has raised any concerns about their agreements with Oman.
India has listed its agreement with Oman under the MLI, which amounts to a request to implement the minimum standard.
Note
← 1. For its agreements listed under the MLI, Oman is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).