May 15, 2019 / 2:42 PM / 9 days ago

Oman suspends dividend tax for three years as of May 6 -market authority

DUBAI, May 15 (Reuters) - Oman’s capital market authority (CMA) said on Wednesday it had suspended a 10% tax on dividends for three years as of May 6 to boost foreign investments.

The three years could be extended, CMA said on its Twitter account, quoting managing director Sheikh Abudllah bin Salem al-Salmi. (Reporting By Aziz El Yaakoubi; Editing by Toby Chopra)

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