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An Omani establishment has drawn an invoice of RO 5,400 on account of a foreign sub-contractor. The amount payable to a foreign sub-contractor is RO 5,400. The WHT (Withholding Tax) is Payable @ 10%. Which one of the following is WHT as per Oman tax laws? a. RO 6,600 O b. None of the options O c. RO 6,000 O d. RO 600

An Omani establishment has drawn an invoice of RO 5,400 on account of a foreign sub-contractor. The amount payable to a foreign sub-contractor is RO 5,400. The WHT (Withholding Tax) is Payable @ 10%. Which one of the following is WHT as per Oman tax laws? a. RO 6,600 O b. None of the options O c. RO 6,000 O d. RO 600

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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13-An Omani establishment has drawn an invoice of RO 5,400 on account of a foreign sub-contractor. The amount payable to a foreign sub-contractor is RO 5,400. The WHT (Withholding Tax) is Payable @ 10%. Which one of the following is WHT as per Oman tax laws? a. RO 6,600 O b. None of the options O c. RO 6,000 O d. RO 600
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