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PART - 3 (20 Marks) INSTRUCTIONS: Case studies are to be solved using properly referenced supporting material. Q1 1. Read the case study below and answer the questions that follow: A well-known international property management firm has five (5) branches in Oman as well. Each branch is in a major city of the five (5) most populous governorates of Oman. The branches manage a wide range of corporate clients including private hospitals, storage yards and shopping centers. The company does not have any landlords or tenants connected to residential properties. Q1 1.a. Explain how the introduction of VAT in Oman would affect the company. The answer should include: A list of at least ten (10) different types of stakeholders involved. 121 State the VAT rate which will be applicable to each stakeholder and explain the reason behind each choice. i11. An explanation of whether the introduction of VAT would have a positive or 121 negative effect for the company. Page 4 of 5