An Omani Company has the following income for the year ended 31/12/2020:

Trading Profit = OMR 50,000

Rental Income = OMR 20,000

Capital Gain on sale of the old factory = OMR 25,000

Capital Gain from sale of shares (listed in MSM) = OMR 15,000

Dividend income from Omani Company = OMR 10,000

Dividend income from an overseas company = OMR 15000

Total Income = OMR 135,000


The Tax liability payable to the Ministry of Finance for the above income is:

OMR 16,500

OMR 20,250

OMR 12,750

OMR 14,250

Answer rating: 100% (QA)

The Correct option is A OMR 16500 Particulars Amount OMR Tradin... View the full answer