Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on ...

Oman is set to become the first Arab state in the Gulf to introduce personal income tax, a break with long-standing precedent ...

The International Monetary Fund (IMF) has already hinted that other Gulf nations may eventually need to introduce income tax ...

DubaiOman will become the first Gulf Cooperation Council nation to impose a personal income tax, mandating a 5 per ce ...

Oman will impose a 5 per cent tax on taxable income for individuals whose gross annual income exceeds OMR42,000, derived from ...

Gulf has become the first Gulf nation to break the Gulfs no-tax tradition with its 2028 income levy plan. The development is ...

He noted that the tax study assessed effects on GDP and 18 economic sectors, concluding minimal impact (under 1%) due to high ...

Oman announced its plans to become the first Gulf nation to impose an income tax on its citizens. The GCC nation plans to ...

Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...

In a first-ever initiative, Oman will introduce personal income tax on high-income earners and with this move it has become ...

The tax would be a first among the six-member oil-rich Gulf Cooperation Council. The 5% tax will start in 2028 and will only ...

Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...