The Faculty of Business and Management at Muscat University organized a lecture titled “The Potential Impact of Value added Tax (VAT) on Business in Oman” as part of the ongoing directors lecture series. Speakers from PWC discussed the potential impact on various business and economic activities in the Sultanate whereby the lecture also included discussions and questions from the audience on how to avoid and mitigate these effects. Among the attendees were University students, employers from the industry and those interested in various economic activities.