International Journal of Management IT and Engineering
  • Year: 2022
  • Volume: 12
  • Issue: 5

Impact of Implementation of VAT in Sultanate of Oman: An Empirical Study

  • Author:
  • Hassan Humaid Al-Badi1,*, Omar Elamili2
  • Total Page Count: 10
  • Page Number: 1 to 10

1Doctorate Program, Linguistics Program Studies, Ibn Zohr University, (Morocco)

2Professor, Linguistics Program Studies, Ibn Zohar University, (Morocco)

*Author correspondence: Hassan Humaid Al-Badi, Doctorate Program, Linguistics Program Studies, Ibn Zohr University, (Morocco), Email: hassanalbadi48@gmail.com

Online Published on 04 September, 2023.

Abstract

Sultanate of Oman implemented VAT since April 2021. The objective of this research study is analysing in depth the kind of impact after imposition of value added tax in the country. The impact of the implementation and the customer satisfactions need to be measured by the policy makers to ensure that the implementation leads to a success and development. Thus, an empirical study was conducted by collecting the consumers’ opinion under 16 different factors. The data were collectedfrom 100 consumers and the data were analyzed using various statistical measures. The findings showed that the implementation of VAT has increased the basic expenses. Moreover, the goods basic prices were significantly increased. Apart from that, the investments were also increased.

Keywords

Vat. Sultanate of Oman, Impact of VAT, Customer Satisfaction Implementation of VAT