Oman: A decision to impose a 100 per cent selective tax on tobacco, alcohol and pork meat will take effect on June 15.
Oman thus becomes the fourth GCC member state to levy the sin tax, following in the steps of Saudi Arabia, the UAE and Bahrain.
The excise tax is part of efforts undertaken by the GCC governments to reduce reliance on oil revenues and boost diversification.
Energy drinks will also be subject to a 100 per cent levy and there will be a 50 per cent tax on carbonated drinks, according to the Secretariat General for Taxation website.
The new taxes could generate about 100 million Omani riyals annually, according to estimates released last November by Saleh bin Saeed Masan, head of the economic and financial committee at the Shura Council.