The concept of taxation is an important notion that plays a key role in sustaining economies and countries. It is considered that every citizen of a nation has the obligation to pay his taxes that are levied by the country. While there are different types of taxes, they are broadly classified into two categories, i.e. direct taxes and indirect taxes.

Required:

Discuss the key differences between direct taxes and indirect taxes in general in GCC and from the view of the Sultanate of Oman in particular by providing examples from the tax laws of Oman. And also discuss the implications of Covid-19 on indirect taxes.

1. Define what are Direct and Indirect taxes with suitable examples in general form GCC and Sultanate of Oman in particular.
2. Present a discussion on the key different factors of direct and indirect taxes.
3. Discussion on the implication of Covid-19 on indirect taxes of GCC.