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

Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy ...

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 ...

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

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

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

This can take form as governments across the region seeking to diversify their tax bases away from oil dependency, explained ...

Oman is set to introduce a personal income tax by 2028 as part of its efforts to diversify its economy away from hydrocarbons ...

Oman is making history in the Gulf region by becoming the first country to introduce a personal income tax, starting in 2028.

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

Oman has become the first country in the Gulf region to impose a personal income tax to mobilise more funds for economic development. The 5 per cent tax will kick in from January 2028 and only applies ...