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Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons.
A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.
Oman will introduce a 5% personal income tax on high-income earners, marking a first in fiscal policy not just the in ...
The Personal Income Tax Law, issued by Royal Decree No. 56/2025, comprises 76 articles across 16 chapters. It imposes a 5 per ...
Monica Mailk, chief economist at Abu Dhabi Commercial Bank, talks about the economic impact of Oman's income tax. She says it ...
Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy ...
Oman will impose five per cent income tax on people whose annual income exceeds 42,000 Omani riyals (approximately Dh400,000) ...
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on Sunday, as the small oil producer works to diversify its revenue stream.
The Sultanate of Oman is moving forward with plans to implement a personal income tax by the year 2028, marking a significant ...
Oman becomes the first country in the Gulf Cooperation Council (GCC) to introduce a personal income tax, targeting high earners to boost economic diversification and sustainability by 2028.
Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy in the next five years. In a royal decree, Sultan Haitham bin Tariq ...