Value Added Tax (VAT) Technology Compliance Efficiency Oman

Authors

  • Muhammad Khuram Khalil Middle East College
  • Taif Khalid Banawas Ajzoon
  • Vikas Rao Naidu

Keywords:

VAT

Abstract

This research paper aims to explore the influence of technology in streamlining VAT operations in Oman. It will use a mixed-methods approach, including a review of literature and a survey given to firms in Oman. The survey will look at the amount of technology implementation in Oman's VAT processes and the perceived advantages and difficulties of technology adoption. The study's findings will shed light on the existing level of technology usage in Oman's VAT procedures as well as any prospective advantages and drawbacks of doing so. The study will emphasize the value of technology in lowering compliance costs, minimizing mistakes, enhancing accuracy, and boosting efficiency in the VAT process.

 

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References or Bibliography

- Al-Awsat, M.- A. (2019, October 6). Oman to impose selective taxes. awsat. Retrieved April 17, 2023, from https://english.aawsat.com//home/article/1760701/oman-impose-selective-taxes

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- Mansoor, Z. (2021). The impact of VAT on the Omani economy. Gulf Business. Retrieved April 18, 2023, from https://gulfbusiness.com/the-impact-of-vat-on-the-omani-economy/

- Bitwize - http://bitwize.com.lb. (2021). Opt for digital solutions to comply easily with VAT. Times of Oman. https://timesofoman.com/article/98358-opt-for-digital-solutions-to-comply-easily-with-vat

- Junkin, M. (2021). VAT in Oman - impacts, solutions and technology considerations. Deloitte. https://www2.deloitte.com/om/en/pages/tax/articles/vat-oman-effective-efficient-implementation-oct-2020.html

Published

05-31-2023

How to Cite

Khalil, M. K., Banawas Ajzoon, T. K. ., & Naidu, V. R. (2023). Value Added Tax (VAT) Technology Compliance Efficiency Oman. Journal of Student Research. Retrieved from https://www.jsr.org/index.php/path/article/view/2256