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Oman Pushes Forward With New Steps to Boost Global Tax Progress

Oman joined a major international tax meeting in New Delhi, and the country highlighted its strong interest in global tax progress. The delegation traveled with clear goals, and the team worked to show Oman’s commitment to stronger financial systems. Moreover, the group focused on how global tax progress can help countries build more reliable economic foundations. The introduction of this important discussion allowed Oman to reinforce its role in shaping global tax progress within the international community.

Oman attended the 18th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes. The event took place in New Delhi, and it brought many countries together. Oman joined the meeting with a team from the Tax Authority, and the delegates aimed to strengthen cooperation with global partners.

During the meeting, participants explored three major goals. First, they reviewed how countries apply international transparency standards. Second, they continued peer evaluations to ensure countries follow these rules. Third, they studied how these standards shape real outcomes in member states. Furthermore, the forum offered space to review training programs and technical support efforts that help countries improve their tax systems.

The event attracted strong international attention. More than 400 representatives from 124 member countries joined the meeting. Additionally, 12 observers and 7 invited groups also attended. Many civil society members and academic experts joined the discussions, and their presence added more depth to the talks.

Oman used this meeting to take a new step toward stronger financial cooperation. The Tax Authority signed the amendment to the Common Reporting Standard, also known as the CRS. This action showed Oman’s desire to grow its financial system and support the global shift toward greater transparency. Moreover, the amendment helps Oman improve automatic information exchange and align with rising international expectations.

This move also supports Oman’s long-term economic vision. The country wants to build modern systems that match global standards. Therefore, this new commitment helps Oman work with partners who share similar goals. It also helps the country expand cooperation and build trust through clear financial reporting.

With these steps, Oman continues shaping its role in a changing financial landscape. The country now looks forward to deeper cooperation and stronger international engagement.

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