News

The Personal Income Tax Law, issued by Royal Decree No. 56/2025, comprises 76 articles across 16 chapters. It imposes a 5 per ...
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 ...
In a first-ever initiative, Oman will introduce personal income tax on high-income earners and with this move it has become ...
Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...
Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy ...
Oman will impose a 5 per cent tax on taxable income for individuals whose gross annual income exceeds OMR42,000 from specific ...
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...
Following Oman’s decision to impose income tax in 2028, other Gulf countries can also explore income tax to diversify their ...
Oman had been majorly relying upon oil revenues since decade for its economy. It should be noted that the oil revenues are ...
COLUMN. By introducing a 5% income tax on the wealthiest Omanis starting in 2028, the sultanate becomes the first Gulf ...
Oman has been weighing the personal income tax for several years, and its introduction follows other fiscal reforms. In 2020, it rolled out a program to cut down public debt and boost economic ...